Gold ETF trades on Bourses marked highest ever turnover of Rs. 2231.70 crore for a day

Published on Sunday, November 11, 2012 by Dilip Davda | Modified on Thursday, October 31, 2019

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Gold ETF trades on Bourses marked highest ever turnover of Rs. 2231.70 crore for a day

To celebrate the Dhanteras, BSE and NSE marked a special trading session from 11 am to 3.30 pm on Sunday i.e. 11.11.12 that marked the highest ever turnover in Gold ETF for the first time in the history and out of total 14 schemes, Reliance Gold topped the list with volume followed by GoldBees and Kotak Gold.

The total turnover marked was of Rs 2231.70 crore on both the bourses (BSE Rs 894.59 crore and NSE Rs 1137.11 crore. Although this had no impact on the benchmarks i.e. BSE Sensex and NSE Nifty, the gigantic volume indicates mood of the traders for the ensuing Muhurat Trade that is taking place on Tuesday (13.11.12) evening from 3.45 pm to 4.30 pm to mark the beginning of Samvat 2069, which is sure to post new highs, come what may, for bourses and bring cheerful rewards for investors who are investing with a target of around 1 year plus.

Daywise data for Nov. 2012

DateTotal VolumeTurnover (Rs Lacs)No. of Trades
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About Author

DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. Any reader taking decisions based on any information published here does so entirely at own risk. Investors should bear in mind that any investment in stock markets are subject to unpredictable market related risks. Above information is based on RHP and other documents available as of date coupled with market perception. Author has no plans to invest in this offer.

(SEBI registered Research Analyst-Mumbai).

About Dilip Davda

Dilip Davda, a freelance journalist

Dilip Davda is veteran journalist associated with stock market since 1978. He is contributing to print and electronic media on stock markets/insurance/finance since 1985.

Dilip Davda is a leading reviewer of public issues and NCDs in the primary stock market in India. The knowledge he gained over 3 decades while working in the stock market and a strong relationship with popular lead managers makes his reviews unique. His detail fundamental and financial analysis of companies coming up with IPO helps investors in the primary stock market. Dilip Davda has a special interest in analyzing the SME companies and writing reviews about their public issues. His reviews are regularly published online and in news papers.



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