Budget 2020

What does ‘turnover’ in the stock market indicate?

1. Market turnover indicates how much trading activity took place on a given business day in the market as a whole or individual stock. 2. Turnover can be represented in two ways, traded value in rupees and traded volume in number of trades. 3. Higher turnover in a stock indicates better liquidity which means that […]

Budget 2020

METLDEX futures completes first expiry cycle since launch, logs turnover of Rs 1,336 cr

The Multi Commodity Exchange (MCX) iCOMDEX metal index futures (METLDEX) has completed its first expiry cycle logging a total turnover of Rs 1,336 crore since its launch last month. The METLDEX futures launched on October 19, 2020 tracks the movements in the prices of 5 base metals traded on the exchange, a release issued by […]