NSE trading slows down despite record highs
NSE's daily equity turnover has dropped to a two-year low—₹90,076 crore in December 2025, down sharply from last month—even though Sensex and Nifty just hit all-time highs.
Basically, the market's buzzing at the top, but actual trading activity is cooling off.
Why does this matter?
Fewer people are trading: retail activity is down nearly 20% from last year. Mid- and small-cap stocks aren't performing well (some even lost value recently), making investors cautious.
Many high net-worth folks are shifting to IPOs and other options instead of regular stocks, thanks to low market volatility and some uncertainty about where things are headed.
What's driving the slowdown?
Losses in smaller stocks mean less excitement and fewer trades overall.
Domestic investors are picking up what foreign investors sell, but that hasn't been enough to boost action.
With average turnover dipping further mid-December, it's clear that many are waiting to see if these record highs can actually last.