Delivery-based volumes in June at lowest level in 2020 amid market rally

In June, less than one-third (33 per cent) of the total traded quantity at the bourses was converted into delivery

The average delivery-based volumes on the BSE and the National Stock Exchange (NSE) in June were at their lowest level in the current calendar year 2020, as a sharp-run up in stocks since their March 2020 low deterred retail investors from taking long-term positional trades.

In June 2020, less than one-third (33 per cent) of the total traded quantity at the bourses was converted into delivery as compared to two out of five traded shares (40 per cent) converted into delivery in March 2020.

According to the month-wise data compiled by Business Standard Research Bureau, the delivery ratio —the percentage of shares