Thin volumes at closing auction debut hit F&O

Volume fall

Average traded volumes of index futures, Nifty and Bank Nifty, fell 40% to 69,982 contracts in the week through 7 August, from 134,754 contracts in the week ended 31 July. Throughout last month, weekly average traded volumes ranged between a low of 95,433 contracts and a high of 141,912 contracts, per National Stock Exchange (NSE) data.