Cash market turnover has reached its lowest point in seven months due to a significant decrease in trading volumes caused by global economic uncertainties.
The average daily turnover for the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in October was Rs 1.15 lakh crore, which is a 12.5% decrease compared to the previous month. This decline is the most severe since March 2024 and marks the fourth consecutive month of reduced activity.
Analysts believe that investors are becoming more cautious due to increased market volatility, which is affecting their trading behavior. These figures highlight the prevailing pessimism among investors as they face uncertainty in the economic landscape.