The delivery percentage in 2022 improved, rising to 41.4 per cent - the highest since 2016. Investors typically tend to seek delivery for those stocks in which they see a long-term investment opportunity.
A bullish market often results in higher delivery. An uptick in delivery-based volumes is considered a signal of improved sentiment. But the improvement in delivery percentage in 2022 happened in a year when market returns were muted.
Although Indian markets outperformed global peers, the gains were not significant for investors engaged in cash trading.
In 2022, the S&P BSE Sensex rose 4.4 per cent and the National