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Sharp fall in stock volumes raises concerns

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Reuters

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)

 

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First Published: Sep 03 2013 | 11:53 AM IST

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