Market turnover zooms on higher volatility, institutional participation

Both cash and derivative turnovers log new records in February

The overall derivatives and cash turnover on the exchanges has surged to record highs in the past few months, amid a surge in volatility and greater institutional participation, especially from overseas investors.

The daily average turnover in the futures & options (F&O) segment for February stood at Rs 45.5 trillion, a 19 per cent gain over the previous month and 127 per cent higher than the average turnover clocked for the last calendar year, the exchange data showed. The average turnover has, in fact, seen a sustained month on month rise since April last year.

Turnover on the cash segment