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✦Reported by NDTV Profit

Dhanteras Boost: NSE Electronic Gold Receipts Hit Record 2.27 Lakh Units

Dhanteras Boost: NSE Electronic Gold Receipts Hit Record 2.27 Lakh Units
Source: NDTV Profit

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓The National Stock Exchange saw record trading volumes of 2,27,692 units in Electronic Gold Receipts on Dhanteras.
  • ✓The exchange said on Saturday, November 7, that this festive demand showed growing awareness of the instrument.
  • ✓Sriram Krishnan said, “NSE EGRs represent an evolution in gold ownership as the value remains same.”

Story at a Glance

Category
Indian Markets
Reported By
NDTV Profit
Reading Speed
2 Minute(s)
Market Focus
India Economy

The National Stock Exchange of India (NSE) marked its highest-ever trading volumes in the Electronic Gold Receipts (EGR) segment. Traditionally considered an auspicious day for purchasing gold, Dhanteras witnessed significant creation of NSE EGRs, reflecting growing awareness of this instrument, the stock exchange platform said in a release on Saturday, November 7.

On Dhanteras, NSE witnessed festive demand for EGRs, from across the country, which has been met by gold suppliers participating in the segment. The trading volumes in the NSE EGR segment touched a record 2,27,692 units.

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