New Delhi, Sept. 6 -- Indian equity markets could see stronger activity ahead as trading volumes recover, while a favourable outcome from the Securities and Exchange Board of India's (SEBI) review of the CAS methodology could support BSE's average daily premium turnover value (ADPTV) at Rs 220-230 billion, according to a Nuvama Institutional Equities report.

The average daily premium turnover value is the total amount of option premiums actually paid by traders divided by the number of trading days in a specific period. Nuvama noted, BSE's average daily premium turnover value (ADPTV) stood at Rs 228 billion, up 18.4 per cent week-on-week, compared with an 18.1 per cent rise for the industry and against its remaining FY27 estimate of Rs 1...