Futures spread surges 318 bps
According to weekly data, the futures spread rose by 318 basis points, climbing from 10.72 percent last week to 13.89 percent—a notable week-on-week increase.
However, this optimism in spreads did not translate into higher trading volumes. Average daily traded volume (ADTO) in futures contracts dropped sharply by 30.3 percent on a week-on-week basis to 115.86 million shares, down from 166.24 million in the previous week. In value terms, futures turnover also saw a contraction, with average daily traded value declining by 12 percent to Rs 6.88 billion, compared to Rs 7.82 billion a week earlier.
Market analysts interpret the divergence between spread expansion and falling turnover as a sign of selective positioning.
Copyright Business Recorder, 2025
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