Delivery-based trades in the domestic markets have maintained levels above 40 per cent for a fourth consecutive month. Experts view this as a sign of investor confidence in the markets, despite valuations trading above historical levels.
Normally, delivery-based trades decrease when traders perceive stocks as vulnerable, shifting focus towards intraday trading.
However, this doesn’t seem to be the case presently.
This month, the average delivery-based trades on the National Stock Exchange and BSE have held at 40 per cent, slightly below the 12-month average of 41 per cent.
On the BSE, the average delivery-based trades are even higher at 58