Out of Rs 100 trade which happens in India market today , Rs 80-85 is controlled by F&O and rest in cash , so you can imagine how much impact it would have on markets ,
On the last thursday of the month is the expiry , when people have to settle the contracts and due to that many actions take place which are not active before, so suddenly large numbers of people wake up and transactions increase !
Vijaya
Out of Rs 100 trade which happens in India market today , Rs 80-85 is controlled by F&O and rest in cash , so you can imagine how much impact it would have on markets ,
On the last thursday of the month is the expiry , when people have to settle the contracts and due to that many actions take place which are not active before, so suddenly large numbers of people wake up and transactions increase !
Manish