NSE - Traders have left the building
Cash segment turnover at the NSE was 7794 crore. F&O turnvoer was 37984 crore. This is at a time when the Nifty is hugely oversold and getting more so, and November F&O expiry is only a week away. Where have all the investors / traders gone? The last time we saw average turnover of Rs 8k-10k crore in the CM was August 2007.
This sucks. Impact costs have risen significantly, whipsaws more common and the trend in trading volumes remains down.
More on this topic
(What's this?)
Short Only Strategy: Expiry and Nifty Short
(The Indian Investor's Blog, 11/3/08)
Strangle Trades: Very interesting results
(The Indian Investor's Blog, 10/24/08)
Is thrift making a comeback?
(Option ARMageddon, 12/26/08)
Who Said the Real Estate Market was Dead?
(The Wild Investor, 6/26/08)
Related Posts:
