TURNOVER FOR THE DAY

TURNOVER FOR THE DAY

1. Turnover in Volume Terms (Share Turnover)

This refers to the total number of shares traded in a stock or the whole market during a day.

It includes both buy and sell transactions (since every buy has a corresponding sell, exchanges count the total traded quantity).

Example:
If Reliance Industries had 50 lakh shares traded today, then its turnover in volume = 50,00,000 shares.

This shows liquidity and activity level of the stock.

2. Turnover in Stock Market Terms (Value Turnover / Trading Value)

This refers to the total money value of shares traded in a stock or the market during a day.

Formula:

Turnover (Value)
=
Total Shares Traded
×
Average/Trade Price
Turnover (Value)=Total Shares Traded×Average/Trade Price

🔑 Difference

Volume turnover = Quantity traded (in shares).

Value turnover = Amount of money involved (in ₹ / $).

Both are used:

Volume turnover helps measure liquidity (how actively a stock is traded).

Value turnover helps gauge the capital flow or market participation in money terms.