Sharp fall in stock volumes raises concerns

Image
Reuters
Last Updated : Sep 03 2013 | 12:05 PM IST

Reuters Market Eye - Stock volumes in Indian share indexes fell sharply on Monday compared with Friday's session, raising concerns about whether a four-day rally in the BSE Sensex can be sustained.

Total equity volumes on exchanges fell 73 percent on Monday versus its previous session, a note from brokerage Anandrathi shows.

Volumes on the BSE Sensex fell on Monday to their lowest since August 2, according to Thomson Reuters data.

The BSE Sensex was down 0.9 percent, while the broader Nifty was lower 1 percent at 1152 IST.

(Reporting by Abhishek Vishnoi)

*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: Sep 03 2013 | 11:53 AM IST

Next Story