NCDEX – Gujarat Contributes 26% of Client-Traded Turnover

Expert Analysis:

• Strong Gujarat participation: Gujarat accounted for 26% of NCDEX’s client-traded turnover, highlighting the state’s importance to the exchange’s commodity trading ecosystem.

• Deep agri-market connection: Gujarat’s strong presence reflects the state’s large agricultural and trading base, providing NCDEX with an important regional market for commodity derivatives.

• Scope to deepen reach: The strong contribution from Gujarat provides NCDEX an opportunity to further expand participation among traders, farmers and market intermediaries across the state.

• Supports diversification strategy: With NCDEX also expanding beyond its traditional commodity franchise into areas such as mutual funds and equities, its established regional client network can support broader financial-market participation.