Volume Peaks On Bse, Nse

The combined traded volume on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) touched Rs 4,168.92 crore today, the highest since the introduction of rolling settlement on July 2, 2001.

The volume on the BSE touched a high of Rs 1,493.75 crore today, while on NSE it was at Rs 2,675.17 crore.

The average combined volume was Rs 800 crore during July-August, while it had crossed the Rs 1,000-crore mark in September.

The gain in volumes was triggered by new economy stocks which accounted for 66.5 per cent of the total volume. Of this, information technology stocks were the major contributors accounting for 53 per cent of the total volume. Entertainment stocks accounted for 6.3 per cent, 7.2 per cent was from telecommunication stocks.

Among old economy stocks, cement and pharmaceutical stocks were the major contributors which accounted for 6.9 per cent and 5.4 per cent, respectively.

Wipro topped the chart in terms of turnover with a combined volume of Rs 420.18 crore. It was followed by Digital Global at Rs 399.93 crore, Infosys Technologies at Rs 340.99 crore and Satyam Computer at Rs 328.91 crore. Reliance Industries was among the top five stocks. Reliance Industries today scored a volume of Rs 253.10 crore. Among the top 10, Larsen & Toubro's share was at Rs 154.68 crore.