Retail Hedge Surge Drives Indian Currency Futures Turnover 65% Higher Amid West Asia Tensions
Retail investors, including NRIs and proprietorships, flooded India's currency derivatives market as the rupee slid 6.5% during the West Asia conflict, pushing average daily ETCD turnover to ₹5,535.58 crore—a 65% jump YoY. The spike reflects heightened hedging demand under RBI’s exposure‑verification rules.