New Delhi, 06 May (H.S.): The National Stock Exchange (NSE) has once again demonstrated its leadership in the equity derivatives segment. NSE's leadership performance is evaluated based on premium turnover, which is an industry-standard metric that reflects actual economic activity.

The National Stock Exchange exhibited a clear upward trajectory in the first quarter of 2026. Its market share in index options rose steadily from 66.7 percent in January to 72.1 percent in March—a 540 basis points increase that underscores its robust internal growth momentum. Even in April, amidst market volatility due to holidays, NSE maintained dominance with 62.9 percent share in index options and 86.8 percent in total F&O premium turnover, reinforcing its consistent market leadership.

In a statement issued on Wednesday, the company explained that trading volumes in the futures and options (F&O) segment were impacted in April due to market holidays falling on Tuesdays.

According to the company, two critical weekly expiry sessions—vital for trading volumes—could not take place on Tuesdays due to holidays, as NSE's primary Nifty contracts expire on that day. In contrast, rival contracts expiring on Thursdays remained unaffected, creating a temporary imbalance in reported activity. This trend signals improving and strengthening market conditions.

Notional calculations artificially inflate competitors' shares due to higher index prices, creating discrepancies of up to 19 percentage points. Premium turnover, however, aligns with global best practices and is used by regulators like SEBI and institutional investors.

According to the exchange, NSE's leadership position remains clear, its market position is strong, growth momentum is sustained, and volatility is largely technical. NSE continues to dominate India's derivatives market, supported by deep liquidity, institutional trust, and structurally robust metrics.

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Hindusthan Samachar / Jun Sarkar