Delivery volume percentage on the Kite marketwatch
Delivery volume percentage on a Kite marketwatch scrip row is the share of total day’s volume that resulted in actual delivery to demat accounts, expressed as a percentage. It distinguishes delivery (CNC) trades that result in demat credit from intraday (MIS) trades that are squared off the same day.
How the metric is defined
For any equity scrip on a given trading day, NSE and BSE report:
- Total traded quantity. The aggregate of all buy and sell trades, divided by 2.
- Deliverable quantity. The subset where the buyer chose CNC (carry to demat) and the seller delivered from holdings.
Delivery volume percentage = (Deliverable quantity / Total traded quantity) x 100.
The figure is published by the exchange end-of-day, typically by T+1 morning. Kite displays it on the marketwatch and the quote screen.
Where the metric appears on Kite
| Surface | Where it shows |
|---|---|
| Kite web | Market depth panel, in the surrounding metrics |
| Kite mobile app | Quote screen, alongside volume and OHLC |
| Console | Historical delivery percentage per scrip |
Reading the metric
| Delivery percentage range | Typical interpretation |
|---|---|
| Above 50% | Strong investor interest; most buyers carrying to demat |
| 30% to 50% | Mixed activity; roughly balanced between investors and intraday traders |
| 10% to 30% | Intraday-dominant; futures traders dominate the tape |
| Below 10% | Speculative interest; little long-term conviction |
These are heuristics, not rules. A breakout day on a large-cap can show 15% delivery (intraday traders piling in); a quiet day on a midcap can show 70% delivery (no intraday interest, just slow investor accumulation).
Why it matters
Signal of conviction
A sustained increase in delivery percentage on a rising stock often precedes a fundamental rerating. Investors are carrying positions rather than booking out; this is bullish on a 6-12 month horizon.
A sustained decrease in delivery percentage on a falling stock suggests the falls are intraday-driven (margin squeeze, futures unwind) rather than fundamental dumping.
Mispricing detection
A scrip with high volume but very low delivery percentage may be in a speculative bubble. Conversely, low-volume scrips with high delivery percentage may be quietly accumulated by long-only investors.
Index inclusion
NSE and BSE consider delivery volume in their index inclusion methodology. A scrip with persistently low delivery percentage is less likely to be included in flagship indices (Nifty 50, Sensex, Nifty Next 50).
How Kite calculates the displayed figure
Kite reads the NSE / BSE bhav copy at end-of-day and surfaces the delivery percentage on the marketwatch for T+1. The figure on Kite is the exchange-reported figure, not a Kite-computed estimate.
Intraday, the delivery percentage shown on Kite is the previous trading day’s figure (T-1), because the current day’s delivery is unknown until end-of-day settlement.
Limitations
- F&O contracts have no delivery percentage. Futures and options are cash-settled (with the exception of physically-settled stock derivatives on expiry); the concept does not apply.
- ETFs may show low delivery percentage. Authorised participants frequently create / redeem units via the in-kind mechanism, which can lower reported delivery.
- Pre-open contributions excluded. The metric reflects normal-session trades.
- MF schemes do not have delivery percentage. The concept is specific to listed equity.
See also
- How to use the marketwatch on Kite
- How to add scrips to the Kite marketwatch
- Market depth view on Kite
- Day’s change in absolute and percentage
- 52-week high and low on the marketwatch
- Briefcase symbol on Kite
- Event tag on the Kite marketwatch
- LTP under holdings vs marketwatch difference
- Average price on market depth
- Absolute and percentage change from open
- CNC product type
- MIS product type
- NRML product type
- Volume (Indian equity)
- Open interest
- Kite (Zerodha)
- Kite web
- Kite mobile app
- Zerodha
- Zerodha Console
- National Stock Exchange
- Bombay Stock Exchange
- Nifty 50
- Sensex
- Demat account
External references
References
- NSE India, Daily bhav copy and security-wise delivery data, nseindia.com.
- BSE India, Equity bhav copy, bseindia.com.
- Zerodha Support, Delivery percentage on the marketwatch, support.zerodha.com.