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Turnover rises marginally in volatile stock market in '09

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 12:36 AM IST

Total trading volume at the country's two leading bourses, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), saw a marginal increase in 2009 amid the global financial crisis, the Economic Survey 2009-10 said today.

The spot market turnover (which is the value of the trades) for the NSE and the BSE amounted to Rs 50,86,096 crore in 2009, while it was Rs 45,12,562 crore at end of the 2008, the Survey said.

"The turnover in the spot market segment on the NSE continued its upward trend in 2009, while the BSE spot market continue its fall and posted a decline of 3.8 per cent over and above a decline of 6.4 per cent in 2008," the pre-Budget Survey tabled in Parliament said.

At the end of 2009, the turnover on the BSE spot market was at Rs 12,74,065 crore, down 3.8 per cent from Rs 13,24,053 crore at the end of 2008.

At the spot market on the NSE, the trading volume stood at Rs 38,12,031 crore, up 19.6 per cent from Rs 31,88,509 crore at the end of 2008.

"The turnover in the derivatives market on NSE recorded an increase of 33.6 per cent, while on BSE the derivatives segment was only at Rs 36 crore against Rs 75,178 crore at the end of 2008," the Survey said.

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First Published: Feb 25 2010 | 12:57 PM IST

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