MCX-SX8217; cash segment turnover up 8,derivative down 16

However,turnover at MCX-SX8217; equity derivative segment declined 16.3 per cent to Rs 6,607 crore in April.

The number of derivative contracts on the bourse came down to 2.49 lakh in April from 2.69 lakh in March.

MCX-SX which had begun live trading in equities earlier this year is significantly trailing behind its rivals NSE and BSE both in terms of turnover in cash segment and the derivative category.

The monthly turnover of NSE in the cash segment stood at Rs 2.10 lakh crore,while its turnover from derivative trading amounted to Rs 30.10 lakh crore.

BSE8217;s monthly turnover in cash and derivative segment stood at Rs 40,980 crore and Rs 3.14 lakh crore respectively.

Meanwhile,the market capitalisation of firms permitted to trade on MCX-SX platform rose 4.2 per cent to Rs 64.58 lakh crore in April,nearly same as the market cap of BSE and NSE.

For April,the valuation of NSE and BSE stood at Rs 64.90 lakh crore and Rs 66.45 lakh crore respectively.

As per the city-wise data,Mumbai represented the maximum share 40.9 percent of MCX-SX8217;s turnover in cash segment.

Mumbai was followed by Kolkata 20 per cent,Baroda 6.8 per cent and Delhi 5.5 per cent in terms of percentage of share in turnover.