From the clipping
“This is not a one-off event. It is a recurring pattern driven by rollover activity — though the uncertainty of CAS spiked the concentration further.”
On volume that hides in four sessions
Across the top 100 NSE single-stock futures by activity, 59.4% of September contract volume traded in just four sessions around expiry (24–29 September). The desk compared each name’s average daily contracts to its median session and quietest day to produce a rollover multiple — median 4.4× across the basket, with sharper names such as PB Fintech at 15.7× versus steadier names like Solar Industries and Paytm near 2×.
On what “average volume” misses
Headline average daily volume can imply liquidity that is not there on a typical Tuesday. For news desks and risk teams, the question is whether participation is spread through the month or compressed into rollover — and whether CAS settlement uncertainty is pulling more of that compression into the closing window.
The excerpts above are from Shai Coelho's remarks and Vtrender's study as reported by The Hindu Business Line, Fortune India, and Moneycontrol. The print clipping is from Business Line; each outlet's full piece is linked above. Market commentary is educational and observational; it is not investment advice or a trading recommendation.