NSE’s trading turnover grew 15.2% in FY16: Dun & Bradstreet
Mumbai: Dun & Bradstreet in its report on ‘India’s Leading BFSI Companies 2017’ found that the total trading turnover on the NSE grew by 15.2% from Rs 599.4 trillion in FY15 to Rs 690.6 trillion in FY16. This growth the report said was spurred by a 16% growth in the trading volumes of its derivatives segment during the year. In contrast, the BSE’s trading turnover plunged by 75.4% in FY16 to Rs 52.2 trillion.
BSE’s derivatives segment recorded a steep 78% fall in its trading turnover from Rs 203.6 trillion in FY15 to a much lower Rs 44.8 trillion in FY16. The fall, the report said could be attributed to investors’ preference towards the NSE with respect to trading of derivatives. However, overall, between FY12 and FY14, the total turnover (cash and derivatives) on the BSE reflected a multi-fold growth, from merely Rs14.8 trillion in FY12 to Rs 212.2 trillion in FY15.
In FY16, index options which account for a lion’s share among the derivative products traded in the Indian derivatives market accounted for 98% of the total derivatives segment turnover on the BSE and 75.5% on the NSE, the report said.
On the benchmark indices front, the report said that this was the first time since FY12 that both benchmark indices had reflected a decline. But it said that both indices showed a decent growth over a five year period as between FY12 and FY16, the Sensex and the Nifty rose by a CAGR of 9.8% and 10.2% per annum, respectively.
BSE’s derivatives segment recorded a steep 78% fall in its trading turnover from Rs 203.6 trillion in FY15 to a much lower Rs 44.8 trillion in FY16. The fall, the report said could be attributed to investors’ preference towards the NSE with respect to trading of derivatives. However, overall, between FY12 and FY14, the total turnover (cash and derivatives) on the BSE reflected a multi-fold growth, from merely Rs14.8 trillion in FY12 to Rs 212.2 trillion in FY15.
In FY16, index options which account for a lion’s share among the derivative products traded in the Indian derivatives market accounted for 98% of the total derivatives segment turnover on the BSE and 75.5% on the NSE, the report said.
On the benchmark indices front, the report said that this was the first time since FY12 that both benchmark indices had reflected a decline. But it said that both indices showed a decent growth over a five year period as between FY12 and FY16, the Sensex and the Nifty rose by a CAGR of 9.8% and 10.2% per annum, respectively.
