The turnover in the equity cash segment saw a decline of 0.9% at BSE and 8.3% at the NSE, Sebi bulletin revealed.
The dip in average turnover could be attributed to the ongoing worries around Trump tariffs and weak Q1 earnings. Nifty fell nearly 3% in July.
Turnover in the equity cash segment saw a moderate rise of 5.4% in June at the BSE and 2.1% at NSE while the combined ADT at BSE and NSE for June 2025 was Rs 1.2 lakh crore, a 26.4% less than the ADT during June 2024.
Snapping the market rally that started in March and extended through June, the Indian equity markets witnessed correction in July amid tariff-related uncertainties, subdued corporate earnings and foreign capital flight.
The correction was broad-based with Nifty Smallcap 100 and Midcap 50 indices declining by 5.8% and 3.8%, respectively.Among the sectoral indices, barring pharma and FMCG indices, all sectoral indices ended in negative territory in July. During the month, Nifty Pharma advanced by 3.3%, followed by Nifty Healthcare (2.9%) and Nifty FMCG (1.7%). Nifty IT witnessed the highest decline (9.4%), followed by Nifty Realty (7.5%) and Nifty Media (7.3%). Nifty Realty and Nifty Media continued to exhibit highest annualised volatility among the sectors.
Futures & Options (F&O)
The notional options turnover increased significantly at both NSE and BSE by 16% and 30% respectively, as compared to previous month, whereas the premium option turnover decreased marginally by 3% and 2% for NSE and BSE respectively. In the futures segment, the July turnover went down by 40% at BSE while declining 5% for the NSE.
India’s capital markets regulator remains committed to deepening the cash equities market, chairman Tuhin Kanta Pandey had said on Thursday.
Sebi is considering extending the tenure and maturity of equity derivatives contracts in a phased manner, chairman Tuhin Kanta Pandey said on Thursday. Speaking at a FICCI event, Pandey underlined the regulator’s commitment to deepening the cash equities market, calling it the “true foundation of capital formation.” He acknowledged the derivatives segment’s role in driving market growth but stressed the need for quality, balance, and sustainable development in the overall market structure.
Read more: Sebi plans to increase tenure, maturity of equity derivatives
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