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(From Business Line)
THE market was volatile last week - while the first four days saw steep erosion in values, the last day (Friday) recovered a part of the losses. Volatility coupled with festive mood seemed to have taken away the investors' interest from the market both in cash and futures & options markets if the low trading activity is any indication.
The NSE's move to increase the applicable exposure limit in 19 securities including ACC, Andhra Bank, Digital GlobalSoft, Maruti, Mastek, Punjab National Bank, Polaris, Satyam, SBI, Tata Steel and Union Bank also pushed the market relatively down.
The average daily turnover in F&O segment at the …