Resilient markets, positive FPI flows lift market volume in August

If domestic indicators are remedying, don't sweat the external factors, say analysts

Equity trading volumes jumped more than 20 per cent month-on-month (MoM) in August. Market players attributed this rise to the resilience shown by domestic markets and a sharp revival in foreign portfolio investor (FPI) flows.

The average daily turnover (ADTV) for the cash segment was Rs 64,163 crore, up 28 per cent MoM and in line with the 12-month average of Rs 66,364 crore.

Meanwhile, ADTV for the futures and options segment rose 22 per cent to register a new high of Rs 137 trillion (on a notional basis).

In June, ADTV had dropped to Rs 47,456 crore, following sharp