Indian stock markets cash turnover crashes 6.4% to Rs 32 lakh cr last fiscal

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Cash turnover at stock exchanges fell 6.4 per cent to Rs 32.61 lakh crore last fiscal even as share prices rose. Cash turnover at stock exchanges fell 6.4 per cent to Rs 32.61 lakh crore last fiscal even as share prices rose.
SummaryThe BSE Sensex rose over 8% in FY'13 fiscal and NSE Nifty gained over 7%.

on the BSE, the second spot was taken by Ahmedabad.

Kolkata region stood at third place on both the bourses.

"Widening the geographical reach of capital market is one of the important aspect of development of securities markets in India," Sebi said in its report.

In this regard, the regulator observed that online trading facilities, dematerialised securities and electronic IPO application system have helped "catalyse the penetration of equity investment culture into the farthest corners of a diverse nation like India".

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