The National Stock Exchange of India (NSE) achieved a historic milestone on Wednesday, June 5, 2024, setting new world records for the highest number of transactions processed in a single trading day.

In a trading session spanning just 6 hours and 15 minutes, from 9:15 AM to 3:30 PM, the NSE handled an astonishing 1971 crore (19.71 billion) orders and executed 28.55 crore (285.5 million) trades.

The CEO National Stock Exchange of India (NSE), Ashish Chauhan shared this update on his Twitter account stating, “@nseindia handled the highest ever – world record – number of transactions in a single day today on June 5, 2024, in a 6 hours and 15 minutes (915 am to 330 pm) single trading day- 1971 crore (19.71 billion) orders per day 28.55 crore (280.55 million) trades per day.”

Meantime, the markets recovered today, rising more than 3% following a big fall. The tone was low at first, but a rebound in heavyweight stocks helped the Nifty index steadily rise during the day, finally closing around the day’s high of 22,620.30. The top performers were the metal, auto, banking and FMCG sectors. Broader indices also recovered some lost ground, increasing by roughly 4%.

Now that the big event has passed, we expect volatility to gradually decline. The index bounce is positive, but staying above the 22,600 level is critical for a move to 23,000.