MCX-SX’s turnover in the cash segment rose eight per cent to Rs 33.40 crore in April compared to the previous month.
According to SEBI data, the bourse had recorded a turnover of Rs 30.9 crore in March.
However, the equity derivative segment turnover declined 16.3 per cent to Rs 6,607 crore in April. The number of derivative contracts 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.
NSE’s monthly turnover in the cash segment stood at Rs 2.10 lakh crore, while its turnover from derivative trading amounted to Rs 30.10 lakh crore.
BSE’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 the 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.
The valuation of NSE and BSE in April 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 per cent ) of MCX-SX’s turnover in the 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.