Turnover
Turnover is the rupee value of a stock's daily trade — closing price multiplied by volume — and is the standard liquidity measure for comparing activity across stocks at very different price levels.
`turnover` is close times volume, in rupees. Share volume alone cannot be compared across stocks — ten lakh shares of a ₹40 stock is ₹4 crore of trade, while the same volume in a ₹4,000 stock is ₹400 crore. Turnover puts every stock on the same scale: money that actually moved. Sift accepts Indian-scale suffixes directly, so `turnover > 10cr` and `turnover > 50L` both parse.
Its main job in scans is as a liquidity floor. A signal on ₹50 lakh of daily trade is untradeable at any size, and wide ranges in thin names often mean nine trades rather than a move. Common floors are 1cr, 5cr and 10cr depending on position size. Turnover also scales other signals: 70% delivery on a ₹50-crore day cannot be one retail buyer, which is what the Institutional-grade delivery scan leans on.
This is also the field that defines the site's universe tiers: Top 100, 250, 500 and 1000 rank stocks by 20-day average turnover, not by index membership. A single day's turnover can be distorted by block deals, which move enormous value in one negotiated print without telling you anything about ordinary liquidity — the 20-day average exists partly to absorb exactly that.
In Sift
Written as turnover — rupees; suffixes 10cr and 5L are valid values. A working scan — Real money traded, and most of it taken home:
where turnover > 10cr and delivery_pct > 601
of the 500 most-traded NSE stocks match today, as of 20 Aug 2026
Scans that use it
Prebuilt scans in the library whose query reads this value — each with a hit-rate replay over the last 250 sessions.
Common questions
What is turnover in the stock market?
The rupee value of shares traded in a session — here computed as closing price times volume. It is the standard way to compare liquidity across stocks, because raw share counts mean different things at different price levels. A ₹10-crore turnover day is the same amount of money whether the stock trades at ₹40 or ₹4,000.
How are the Top 100/250/500 universes decided?
By 20-day average turnover, not index membership. The Top 500 universe is the 500 most-traded NSE stocks by that measure, recomputed as the data updates. This keeps the tiers pointed at what actually matters for a scan — whether there is enough trade in the name to act on a signal.
Why do scans include a turnover filter?
To keep out names where the signal is untradeable. A breakout or wide-range day on ₹50 lakh of daily trade often reflects a handful of trades, and entering or exiting any real position would itself move the price. A floor like turnover > 10cr restricts results to stocks where the signal can survive contact with an order.