TRADE RESULTS OF ESCERTS FOR WEEK 4
The fourth trading session of ESCerts took place today.
In total, there was a demand for 40,538 ESCerts, a decrease of 37.11% from last week. This demand was against a total supply of 3,81,443 ESCerts (increase of 9% since last week). Market clearing price was determined at Rs 800/ ESCert (compared to Rs 1,000 last week), with 40,148 ESCerts sold (volume traded reduced by 25% ; the total traded value was Rs 3.21 crore).
In today’s trade, the total demand was for 40,538 while total cleared volume was 40138 ESCerts. Only 0.97% demand was below the MCP. At Rs 800/ ESCert, the market seems to have found an equilibrium price, at least for the short term.
