Cash volumes on NSE fall sharply as financial year-end nears

Mumbai, Mar 18: The cash market volumes on the NSE fell sharply to Rs 0.79 lakh crore on Monday -- the lowest since January 1, 2024 -- ahead of the looming financial year-end, said Deepak Jasani, Head of Retail Research at HDFC Securities.

Asian stocks advanced on Monday as Chinese industrial output and retail sales figures beat estimates and investors looked ahead to a slew of central bank decisions.

The European markets started Monday with modest gains ahead of policy decisions this week by Japan’s central bank and the US Federal Reserve, Jasani said.

Lately, the Nifty has not been able to hold on to the entire intraday gains. But at the same time, it is witnessing support from the lower levels, and could stay in the 21,905-22,204 band for the near term, he added.