Trading, deliverable volumes rise in CPSE-ETF

The CPSE-ETF has seen a sharp surge in trading volumes in the last two days. While on Friday, 11.80 crore units were traded on the NSE, on Monday, the volume zoomed further to 41.15 crore. Deliverable volume too was in excess of 90 per cent on both days, signifying value-buying. It may be recalled that the third further fund offer of the CPSE ETF last month was subscribed to the tune of over ₹27,000 crore, of which the Centre has retained ₹17,000 crore.