Sebis revised closing auction framework raises hopes of revenue revival for brokers

Between 3 August and 11 September, volumes in Bank Nifty futures fell 7% to 22,691 contracts, while total traded value declined 9% to ₹3,845.53 crore, according to exchange data. By the end of September, however, volumes had recovered to 26,622 contracts, up 9.6%, while traded value rose by 4% to ₹4,408.12 crore.