Multi Commodity Exchange of India (MCX) promoted MCX Stock Exchange (MCX-SX), the new stock exchange, has recorded a rise of 8% in turnover in the cash segment which stood at Rs 33.40 crore in April compared to Rs 30.9 crore turnover recorded in month of March. The equity derivative segment turnover however declined 16.3% 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.
Meanwhile, the market capitalization of firms permitted to trade on the MCX-SX platform rose 4.2% to Rs 64.58 lakh crore in April, nearly same as the market cap of BSE and NSE.
As per the city wise data, Mumbai represented the maximum share around 40.9% of MCX-SX’s turnover in the cash segment. Mumbai was followed by Kolkata with 20%, Baroda with 6.8% and Delhi with 5.5% in terms of percentage of share in turnover.
