Delivery-based volumes hit one-year high

The delivery-based volumes on the BSE and the National Stock Exchange (NSE) have risen to one-year high during the current month.

According to data compiled by the Business Standard Research Bureau, the delivery ratio---the percentage of shares actually changing hands in relation to the total traded quantity — rose to 48.5% in March 2015.

Earlier, in March 2014, more than half or 51% of the total traded shares had converted into delivery, before the general elections, the stock exchanges data shows.

In past three months between December and February, the delivery based trading saw steadily decline from 46% in December 2014, to 44% in January 2015 and 43% in February 2015.

Delivery based trading means buying shares and holding them for certain period of time is called delivery based trading. The shares you bought will be in your demat account.

Meanwhile, the delivery based buying shows sharper rise towards the closure of the financial year, the historic trend shows.

Among the sectoral classification, information technology, finance, refineries, cigarettes, mining, sugar, personal care products, food processing, fertilizers and textiles sectors have seen rise in delivery based trading.

Month/Year	Traded	Delivery	%
Mar 2014	20939	10759	51.38
April 2014	22794	9992	43.84
May 2014	34696	15107	43.54
Jun 2014	35093	15217	43.36
Jul 2014	28052	12361	44.07
Aug 2014	21770	10003	45.95
Sep 2014	30629	13819	45.12
Oct 2014	18666	8415	45.08
Nov 2014	23481	10710	45.61
Dec 2014	24960	11494	46.05
Jan 2015	25596	11336	44.29
Feb 2015	27421	11730	42.78
Mar 2015	25093	12177	48.53
Source: Nse/Bse