Trading volumes on Tuesday were below the previous month’s average as the new upfront margin collection norms came into play. The cash market turnover stood at Rs 66,365 crore, against the daily average turnover of Rs 73,560 crore for November. The futures and options (F&O) volume stood at Rs 19 trillion, 40 per cent lower than last month’s average of Rs 32 trillion.
While the dip was sharp when compared to the previous month’s average, the figure was, in fact, higher when compared to the start of the previous month.
Market players are expecting volumes to take a hit as traders will