Investor sentiment in the $4.6-trillion domestic equity markets continues to be buoyant, marked by surging new accounts and trading volumes. The average daily turnover (ADTV) and fresh dematerialised (demat) adds hit record highs. The broking industry added 4.7 million new accounts in January, surpassing the previous record of 4.1 million in the preceding month. Similarly, the ADTV for both the cash and derivatives segment (NSE and BSE combined) hit a record of Rs 1.23 trillion and Rs 460 trillion (on notional basis).
The surge in activity is underpinned by buoyancy in the underlying secondary as well as the primary markets.