Increase in stock market turnover and volume: 12 lakh new demat accounts opened

•  Free from the adverse effects of stock market lockdown
• Turnover rose 44 per cent year-on-year to Rs 38 lakh crore in the last 90 days from Rs 34 lakh crore at the end of March quarter

The lockdown imposed in the wake of the Corona epidemic has halted economic activity as well as yield uncertainty, but increased trading activity in Indian stock markets has led to a significant increase in investor activity.

Stock markets around the world crashed as global growth stalled due to the Corona epidemic. Even in the Indian stock market, the record selling of foreign investors has led to a significant fall in the prices of many stocks.

In the current scenario, the panic in the market was so widespread that the prices of a number of stocks came down. Leading stocks of well-known companies also eroded by 50 to 70%.
Thus, with a number of stocks in the smallcap, midcap and largecap sectors available at bottom prices, Indian stock markets saw a sharp rise in trading volume as investors became more active in the market and bought the stocks available at lower prices.
According to the available data, the total volume on BSE and NSE has increased by 49, 34 and 40% in the last 30, 60 and 90 days respectively. This kind of uptrend has also been seen in the market turnover along with the increase in volume.
According to the exchange's data, turnover has increased by 44% year-on-year to Rs 38 lakh crore in the last 90 days. Turnover at the end of the three months ended March 2020
It was up 26 per cent to Rs 34 lakh crore. On the other hand, the market's main index Nifty and the Sensex have also risen 19% since March 24.
Twelve lakh new demat accounts were opened before Central Depository Services (CDSL) in March and April, amid a nationwide lockdown and record selling by foreign investors. Thus, these figures also prove that there has been a significant increase in investor activity even in the midst of a hostile environment of lockdown.