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DO YOU KNOW

The BSE and the NSE together account for nearly 100% of all capital market
activity in India? The other major exchanges are the Calcutta and Uttar Pradesh stock
exchanges accounting for 0.0003% of the trading activity.
The number of regional stock exchanges in each of the four zones- east, west,
north and south that the country can be divided into is given in following table. The
north zone has five stock exchanges. The east zone has three stock exchanges. The west
& south zones have six stock exchanges each.
North Zone East zone West Zone South Zone
Kanpur Bhubaneswar Ahemdabad Bangalore
Ludhiana Kolkata Vadodara Chennai
New Delhi Guwahati Indore Kochi
Jaipur Mumbai Coimbatore
Meerut Pune
Rajkot
The share of the 20 regional exchanges, which accounted for about 45.63% of the total
trading volumes in 1995-96, had reduced alarmingly to only about 0.0003% by 2009-10.
The distribution of trading activity among stock exchanges in India is now concentrated
mainly on NSE & BSE as shown in the graph.
After the introduction of nationwide screed-based
trading through NSE & BSE, the regional stock
exchanges have lost their prominence, and
consequently their presence and participation in
securities market became insignificant. The
Bombay stock exchange, though initially
established as a regional stock exchange has
assumed a national perspective in recent years
with the introduction of networking and online
trading mechanism.
Besides the regional stock exchanges, three national stock exchanges have been set up in
India. They are the NSE, Over the counter exchange of India Limited (OCTRI) and
Inter-connected stock exchange of India Limited (ISE). All these exchanges have their
head office at Mumbai.
Address of Meerut stock exchange:
Meerut Stock Exchange Ltd.,
Kingsway Building,
345 Bombay Bazar,
Meerut Cantonment - 250 001,
India.

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