Trading volume declines ahead of holidays

Indian market will remain shut between Oct 2 and Oct 6 on account of holidays and will re-open on Oct 7

BS Reporter Mumbai
Last Updated : Oct 01 2014 | 11:37 PM IST
Trading turnover on the National Stock Exchange and BSE on Tuesday witnessed a sharp decline as most traders stayed away ahead of the holidays. The Indian market will remain shut from Thursday till Monday on account of holidays and will re-open on Tuesday. 

The cash market turnover on NSE and BSE combined stood at Rs 15,573 crore, down 26 per cent compared to the average daily turnover in September. The derivatives turnover at Rs 109,834 crore was nearly 60 per cent lower compared to the average daily turnover last month.

Brokers said that most participants refrained from taking large positions on account of the holidays amid rising global risk.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 01 2014 | 10:43 PM IST

Next Story