NSE clocks big jump in cash market volumes in Southern region

The National Stock Exchange (NSE) today said its daily retail volumes surged 77 per cent to Rs 8,795 crore last fiscal, with a strong show from the southern region.
The retail volume was at Rs 4,962 crore in 2013-14.
The daily average gross turnover in cash market in Kerala has increased to Rs 466 crore in 2014-15 as against 324 crore in the previous financial year, registering a growth in volumes by 44 per cent.
Clients have grown by 16 per cent in FY 14-15 compared to the previous financial year, NSE said in a statement here.
NSE's benchmark index CNX Nifty 50 has offered 26 per cent returns in 2014-15.

Overall, it said, improved market sentiment because of the formation of a stable government at the centre, renewed thrust on economic and financial reforms, higher retail participation have contributed significantly to this rise in volumes.

In the derivative segment too, NSE has witnessed a substantial growth and daily average volumes have gone up to Rs 2,28,824 crore in 2014-15, which is an over 50 per cent jump, as compared to Rs 1,52,228 crore in the previous year.
Within derivatives, stock futures have shown the most significant growth of 73 per cent in the same period.
NSE has been actively conducting investor initiatives in different parts of the country with professionals and market intermediaries and making lot of effort to educate investors on the benefits of exchange traded funds, which are traded on exchanges.

NSE's Chief Business development, Ravi Varanasi said: "ETF's have gained a popularity in recent years. An investor can benefit from growth in the markets, by investing in Nifty ETF units, which offer good returns at low costs. Nifty ETF also carries much lower risk, because it is a diversified basket of the top 50 stocks traded on NSE.