Blog Post

Online Trading On NSE At Rs.32,000cr, 17 Percent Of NSE’s Turnover.

The Economic Times reports that online trading on the National Stock Exchange is at around Rs.32,000 crore, around 17 percent of the NSE’s total turnover in November 2006. For brokerages like Sharekhan, 30-45 percent of their total turnover in the past 15 months is via internet trading. I’d actually like to know how much of this trade is from non-metros, and what is driving growth. Brokerages tend to push their online trading accounts, and yet have relationship managers to help out clients…so are people investing directly, based on their own judgment, or do they still prefer to talk to their broker before taking a call. An age-wise segmentation would also be interesting for analyzing investment trends.