tipsheet.markets
Market data to 30 Sept 2026 · Data status

Market activity

How much India trades, and where

NSE's own records of every segment, month by month: cash turnover, the number and size of trades, the companies that trade, market value, and the derivatives that now dwarf it all.

For: traders, market-structure watchers, anyone asking whether activity is running hot.

Cash turnover per session
₹1.1 lakh cr
Sept 2026 · a year ago ₹98,313 cr
Higher than 96% of readings since 1999
Cash trades per session
4.0 crore
Sept 2026 · a year ago 3.2 crore
Higher than 98% of readings since 1999
Average cash trade
₹28,920
Sept 2026 · a year ago ₹30,929
Higher than 64% of readings since 1999
NSE market capitalisation
₹468 lakh cr
Sept 2026 · a year ago ₹449 lakh cr
Higher than 98% of readings since 1999
Companies listed on NSE
3,055
Aug 2026 · a year ago 2,819
The highest since 1999
Option premium paid, per month
₹10.7 lakh cr
Sept 2026 · a year ago ₹10.7 lakh cr
Higher than 75% of readings since 2015

In Sept 2026 NSE handled 4.0 crore cash trades a session at an average of ₹28,920 each. In April 2000 the average trade was ₹77,336: trades have become far more numerous and far smaller. 2,605 mainboard and 567 SME companies traded at least once that month.

The cash market

Cash turnover per session

NSE equity cash market, average daily turnover each month, from April 1999.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Trades per session

Number of cash-market trades divided by trading days.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Average trade size

Turnover divided by the number of trades. Recomputed from NSE's totals: NSE's own figure for May 2011 repeats April's.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Market capitalisation of NSE-listed companies

Month-end, log scale so equal percentage moves look equal.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

How often the market changes hands

Average daily turnover × 250 sessions, as a share of month-end market capitalisation.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Companies

NSE's "available for trading" count includes SME companies. Our own count of companies that actually traded, from the daily bhavcopy, splits the two, and shows the SME boom since 2017.

Companies listed and trading

Month-end counts. Traded counts are distinct companies with at least one trade in the month (ETFs excluded).

Listed on NSE (NSE)Available for trading (NSE)Mainboard companies that traded (ours)SME companies that traded (ours)

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Equity derivatives

Notional turnover values every option at its strike price, so it measures exposure traded, not money spent. The premium is the money that actually changes hands, and NSE has published it since April 2015. Last month's option premium was ₹10.7 lakh cr.

Option premium paid each month

Premium turnover by product, NSE.

Index optionsStock options

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Option premium relative to cash trading

The better froth gauge: option premium alone divided by cash-market turnover. It peaked at 1.31× in March 2023.

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Source: NSE business growth (equity cash 'cm' and equity derivatives 'fo' segments), via Data bank nse_business_growth_history
Method JSON

Turnover by product

Monthly, from April 2009. Options at notional value.

Index options (notional)Index futuresStock futuresStock options (notional)

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Equity derivative contracts traded

All products, monthly. Lot-size changes (for example November 2024) shift contract counts without changing exposure.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Average premium paid per index-option contract

Index-option premium divided by contracts traded.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Put/call ratio

Monthly mean of NSE's daily ratios. Above 1: more puts traded than calls.

Index optionsStock options

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Source: NSE business growth (equity cash 'cm' and equity derivatives 'fo' segments), via Data bank nse_business_growth_history
Method JSON

Every other segment

Turnover in each of NSE's other segments, monthly. Scales differ by orders of magnitude, so each gets its own chart.

Currency derivatives

Notional turnover, from Aug 2008.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Commodity derivatives

Notional turnover, from Oct 2018.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Interest-rate futures

Turnover, from Aug 2009.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Corporate bonds (CBRICS)

Reported trades, from Sep 2007.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Wholesale debt market

Net traded value, from Apr 2009.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Tri-party repo

From Jul 2023.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

Same-day (T+0) settlement

Equity trades settled the same day, from Mar 2024.

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Source: NSE Business growth (historical) APIs for every segment, via Data bank nse_business_growth_history
Method JSON

By financial year

NSE's yearly figures for the cash market, April to March. FY 1994-95 is partial: the segment opened in November 1994.

YearTurnoverPer sessionSessionsTradesAvg tradeCos listedMarket capTurnover / mcap
2025-26₹260.6 lakh cr₹1.1 lakh cr247826.2 crore₹31,5462,978₹411 lakh cr64%
2024-25₹281.3 lakh cr₹1.1 lakh cr249968.4 crore₹29,0462,719₹411 lakh cr69%
2023-24₹201.0 lakh cr₹81,721 cr246681.3 crore₹29,5102,438₹384 lakh cr53%
2022-23₹133.1 lakh cr₹53,434 cr249473.3 crore₹28,1112,191₹256 lakh cr52%
2021-22₹165.7 lakh cr₹66,799 cr248557.1 crore₹29,7372,065₹262 lakh cr64%
2020-21₹154.0 lakh cr₹61,839 cr249463.3 crore₹33,2371,969₹203 lakh cr76%
2019-20₹90.0 lakh cr₹36,432 cr247314.6 crore₹28,6041,949₹112 lakh cr81%
2018-19₹79.5 lakh cr₹32,052 cr248285.3 crore₹27,8601,931₹149 lakh cr54%
2017-18₹72.3 lakh cr₹29,410 cr246249.1 crore₹29,0391,931₹140 lakh cr52%
2016-17₹50.6 lakh cr₹20,387 cr248197.6 crore₹25,5871,817₹120 lakh cr43%
2015-16₹42.4 lakh cr₹17,154 cr247185.2 crore₹22,8801,808₹93 lakh cr46%
2014-15₹43.3 lakh cr₹17,818 cr243183.3 crore₹23,6231,733₹99 lakh cr45%
2013-14₹28.1 lakh cr₹11,189 cr251144.3 crore₹19,4601,688₹73 lakh cr38%
2012-13₹27.1 lakh cr₹10,833 cr250136.1 crore₹19,9061,666₹62 lakh cr43%
2011-12₹28.1 lakh cr₹11,289 cr249143.8 crore₹19,5511,646₹61 lakh cr46%
2010-11₹35.8 lakh cr₹14,029 cr255155.1 crore₹23,0701,574₹67 lakh cr52%
2009-10₹41.4 lakh cr₹16,959 cr244168.2 crore₹24,6081,470₹60 lakh cr71%
2008-09₹27.5 lakh cr₹11,325 cr243136.5 crore₹20,1601,432₹29 lakh cr98%
2007-08₹35.5 lakh cr₹14,148 cr251117.3 crore₹30,2811,381₹49 lakh cr73%
2006-07₹19.5 lakh cr₹7,812 cr24978.5 crore₹24,7931,228₹34 lakh cr58%
2005-06₹15.7 lakh cr₹6,253 cr25160.9 crore₹25,7771,069₹28 lakh cr56%
2004-05₹11.4 lakh cr₹4,506 cr25345.1 crore₹25,279970₹16 lakh cr71%
2003-04₹11.0 lakh cr₹4,329 cr25437.8 crore₹29,088909₹11 lakh cr97%
2002-03₹6.2 lakh cr₹2,462 cr25124.0 crore₹25,771818₹5 lakh cr115%
2001-02₹5.1 lakh cr₹2,078 cr24717.5 crore₹29,274793₹6 lakh cr82%
2000-01₹13.4 lakh cr₹5,337 cr25116.8 crore₹79,923785₹7 lakh cr203%
1999-00₹8.4 lakh cr₹3,303 cr2549.8 crore₹85,270720₹10 lakh cr81%
1998-99₹4.1 lakh cr₹1,651 cr2515.5 crore₹75,911648₹5 lakh cr84%
1997-98₹3.7 lakh cr₹1,517 cr2443.8 crore₹97,164612₹5 lakh cr79%
1996-97₹2.9 lakh cr₹1,178 cr2502.6 crore₹1,11,554550₹4 lakh cr70%
1995-96₹67,287 cr₹274 cr24666.0 lakh₹1,01,950422₹4 lakh cr17%
1994-95₹1,805 cr₹17.7 cr1023.0 lakh₹60,167135₹4 lakh cr1%
Equity derivatives by financial year. Option turnover at notional value; premium from FY 2015-16.
YearContractsNotional turnoverIndex-option premiumStock-option premiumIndex futuresStock futures
2026-271,906.2 crore₹28,781 lakh cr₹60.4 lakh cr₹9.4 lakh cr₹24.5 lakh cr₹148.3 lakh cr
2025-263,696.4 crore₹64,190 lakh cr₹124.7 lakh cr₹17.8 lakh cr₹73.5 lakh cr₹320.4 lakh cr
2024-2510,329.3 crore₹78,360 lakh cr₹135.7 lakh cr₹19.8 lakh cr₹87.5 lakh cr₹375.4 lakh cr
2023-249,520.1 crore₹79,928 lakh cr₹138.2 lakh cr₹13.8 lakh cr₹74.2 lakh cr₹255.5 lakh cr
2022-234,176.6 crore₹38,223 lakh cr₹109.6 lakh cr₹9.3 lakh cr₹95.2 lakh cr₹190.7 lakh cr
2021-221,866.0 crore₹16,952 lakh cr₹58.4 lakh cr₹10.4 lakh cr₹84.3 lakh cr₹210.4 lakh cr
2020-21853.5 crore₹6,436 lakh cr₹26.3 lakh cr₹5.8 lakh cr₹90.5 lakh cr₹181.0 lakh cr
2019-20512.5 crore₹3,445 lakh cr₹10.8 lakh cr₹2.3 lakh cr₹66.8 lakh cr₹148.7 lakh cr
2018-19316.5 crore₹2,376 lakh cr₹6.5 lakh cr₹2.0 lakh cr₹55.7 lakh cr₹161.5 lakh cr
2017-18191.4 crore₹1,650 lakh cr₹4.6 lakh cr₹1.5 lakh cr₹48.1 lakh cr₹156.0 lakh cr
2016-17140.0 crore₹944 lakh cr₹3.5 lakh cr₹95,570 cr₹43.4 lakh cr₹111.3 lakh cr
2015-16209.9 crore₹648 lakh cr₹3.5 lakh cr₹61,394 cr₹45.6 lakh cr₹78.3 lakh cr
2014-15183.7 crore₹556 lakh cr––₹41.1 lakh cr₹82.9 lakh cr
2013-14128.4 crore₹382 lakh cr––₹30.8 lakh cr₹49.5 lakh cr
2012-13113.1 crore₹315 lakh cr––₹25.3 lakh cr₹42.2 lakh cr
2011-12120.5 crore₹313 lakh cr––₹35.8 lakh cr₹40.7 lakh cr
2010-11103.4 crore₹292 lakh cr––₹43.6 lakh cr₹55.0 lakh cr
2009-1067.9 crore₹177 lakh cr––₹39.3 lakh cr₹52.0 lakh cr