crore in 2013 calendar year from nearly Rs 175 lakh crore last year. The turnover at all 21 bourses remained sluggish during the year.
The year 2013 would remain an unforgettable year and in fact a black spot in the history of Indian commodity markets due to the NSEL scam. However, the market players and brokerage firms are of the view that reforms being undertaken by FMC is expected to provide a firm ground for revival of the market in 2014.
Stating that the year was "challenging" for the industry, NCDEX CEO and Managing Director Samir Shah said, "I think the regulator has done a remarkable job in handling the NSEL crisis and at the same initiating steps for market reform and market development."