At 28.55 crore, the National Stock Exchange of India on Wednesday broke the world record for handling the highest number of single-day trades.
Further, the stock exchange handled 1,971 crore orders in a day between 9:15 a.m. and 3:30 p.m. on June 5, Ashish Chauhan, the chief executive officer of NSE, posted on X.
@nseindia handled the highest ever – world record – number of transactions in a single day today on June 5,2024 in a 6 hours and 15 minutes (915 am to 330 pm) single trading day-
1971 crore (19.71 billion) orders per day
28.55 crore (280.55 million) trades per day
— Ashish Chauhan (@ashishchauhan) June 5, 2024
This comes as the markets recovered after they reported their worst session in four years on Tuesday, when vote counting trends revealed that the Bharatiya Janata Party wouldn’t secure the majority to form a government on its own. The market surge came after constituents of the BJP-led National Democratic Alliance pledged support to form a government for the third term.
The NSE Nifty 50 closed 688.95 points higher, or 3.15%, at 22,573.45, while the S&P BSE Sensex ended 2,303.1 points up, or 3.2%, at 74,382. On Tuesday, both indices closed over 5% lower.
The market value of Nifty 50 companies rose by Rs 5.3 lakh crore during trade. On Tuesday, the market capitalisation loss had widened to Rs 10 lakh crore.
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