Exchanges see mixed earnings in June quarter despite robust trading volumes

Uptick in gold, silver prices help recovery in commodity volumes

Domestic exchanges saw mixed earnings in the June quarter. Though trading volumes were robust, with individual investors showing increased interest in stock trading, negative crude oil pricing had an impact on commodity trading volumes.

The Bombay Stock Exchange (BSE) reported a 20 per cent dip in profit before tax (PBT) to Rs 39.8 crore in the June quarter. For the National Stock Exchange (NSE), the PBT was up by 44.4 per cent, at Rs 922.7 crore. The slump in initial public offerings (IPOs) amid the Covid-19 pandemic has been one of the factors weighing on the revenues of the BSE. Revenue