Wholesome, powerful competitors in Indian aviation market; value delicate too: IndiGo CEO

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what is DMA (Direct Market Access)in the Indian share market?

What is DMA?

DMA, or Direct Market Access, is a service offered by stockbrokers that allows traders to place orders directly on the stock exchange’s order book. It eliminates the need for intermediaries, such as market makers or brokers, and provides traders with direct access to the market. This means that orders are executed faster and at potentially better prices.

How Does DMA Work in the Indian Share Market?

In the Indian share market, DMA is facilitated through the use of technology and trading platforms provided by stockbrokers. Traders can access the market through these platforms, which connect them directly to the stock exchange.

Benefits of DMA in the Indian Share Market

1. Speed and Efficiency: DMA enables faster order execution as orders are placed directly on the exchange’s order book. This can be particularly advantageous in volatile market conditions where every second counts.

Conclusion

DMA, or Direct Market Access, is a powerful tool that allows traders to directly access the stock exchange’s order book. In the Indian share market, DMA offers numerous benefits, including speed, transparency, control, lower costs, and access to real-time market data. By utilizing DMA, traders can enhance their trading experience and potentially improve their trading outcomes.

NEW DELHI: There may be wholesome and difficult competitors within the Indian market, which can be value delicate, the nation’s largest airline IndiGo’s chief Pieter Elbers mentioned and emphasised that there’s an unlimited demand for journey. On the helm of the airline having a home market share of little over 60 per cent and greater than 360 plane in its fleet, Elbers additionally talked about that total value ranges in India are “very very competitive”, one thing that he thinks one ought to take “as part of the change in India itself and the diversity of India”.Whereas air site visitors continues to rise and airways increase their operations by connecting new locations, there are additionally considerations in sure quarters about airfares being greater, particularly throughout peak seasons. Air ticket costs within the nation are deregulated, and fares are largely a perform of provide and demand. In a latest interview with PTI, Elbers mentioned there may be wholesome and difficult competitors within the Indian market. “Indian consumers are really eager to travel, but it is also a price-sensitive market. What I see is that whenever a new route is announced, there is enormous demand from consumers to travel,” the IndiGo CEO mentioned. The nation is likely one of the world’s fastest-growing civil aviation markets. On common, the variety of day by day home air site visitors is round 4.3-4.5 lakh, and home airways carried greater than 15.20 crore passengers in 2023. “India is indeed a price sensitive market, and we see some fluctuations in the prices… the natural fluctuation of fares, we see it for hotels, we see it for other businesses and airlines as well. “In the event you have a look at the general value stage in India, it is extremely very aggressive, if not low, in comparison with another components of the world. I feel it’s best to take it as a part of the change in India itself and the range of India,” Elbers said. According to travel portal Cleartrip, airfares are likely to remain higher in the short term and up to 15 per cent higher till May compared to the year-ago period. “As a result of ongoing provide chain and engine points, there’s a muted outlook on the capability addition. This may result in a high-fare setting for home journey. We’re working at 15 per cent greater fares than final yr in March. An identical pattern is anticipated in April. Each are in comparison with final yr,” Cleartrip CEO Ayyappan Rajagopal mentioned. Earlier this month, Akasa Air Founder and CEO Vinay Dube mentioned that airfares in India are extremely inexpensive. In February this yr, a Parliamentary panel proposed route-specific capping of airfares and organising of a separate entity to train management over air ticket costs, amid considerations in varied quarters about surging fares. After contemplating the responses from the Civil Aviation Ministry on airfares, the committee mentioned that self-regulation of ticket costs by airways has not been efficient.

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