Gold etf trades on bourses marked highest ever turnover of r

CMA.ch.raja krishna prasad (CMA CS(final) CAIIB M.B.A M.Com)   (173 Points)

11 November 2012  

 

To celebrate the Dhanteras, BSE and NSE marked a special trading session from 11am 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 Sens*x 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

Date Total Volume Turnover (Rs. Lacs) No. of Trades
1-Nov-12 35694 462.7 1733
2-Nov-12 34610 650.62 2574
5-Nov-12 37498 894.49 4482
6-Nov-12 33166 836.45 4785
7-Nov-12 33565 728.22 3046
8-Nov-12 23256 448.52 1851
9-Nov-12 39125 895.95 3534
11-Nov-12 3007980 89458.93 27468