Jefferies on Capital Markets
Aug'26 was dominated by expiry day volatility following the introduction of CAS
This adversely impacted equity options turnover and contracts, which is negative for BSE and Groww
MCX's options/futures ADTO grew 15%/32% m-m led by rise in Gold/Silver prices.
Equity flow market share fell for ICICI AMC and HDFC AMC, while NAM continued to grow.
For depositories, avg. delivered quantities improved in Aug'26 (+10% m-m).
Top picks: Groww, MCX, KFIN and Nuvama
September 3, 2026 1K 2
