For a day, BSE cash turnover tops NSE’s
The Bombay Stock Exchange has finally managed to outdo rival National Stock Exchange in generating cash-segment volumes.
Thanks to block deals in shares of Cairn India, Bombay Stock Exchange (BSE) has finally managed to outdo rival National Stock Exchange (NSE) in generating cash-segment volumes.
On Tuesday, turnover in BSE’s cash segment touched Rs12,832 crore, almost three times its average daily turnover in a year, after Petronas International offloaded shares worth Rs9,384 crore.
NSE, which normally clocks an average daily turnover of Rs14,000 crore, saw trades worth Rs10,827 crore during the day.
In the derivatives segment, however, NSE continues to lead with daily futures and options turnover at over Rs110,000 crore as against BSE's Rs5-10 crore.