India has a total of 7 operational stock exchanges where trading is active. Here's a breakdown of the exchanges:
- *Bombay Stock Exchange (BSE)*: Asia's oldest stock exchange, established in 1875
- *National Stock Exchange (NSE)*: India's largest stock exchange in terms of market capitalization, established in 1992
- *Multi Commodity Exchange (MCX)*: A commodity exchange that offers trading in commodities like gold, silver, and crude oil
- *National Commodity and Derivatives Exchange (NCDEX)*: Another commodity exchange that offers trading in agricultural and non-agricultural commodities
- *Indian Commodity Exchange (ICEX)*: A commodity exchange that offers trading in diamond contracts and other commodities
- *India International Exchange (India INX)*: India's first international stock exchange, located at the International Financial Services Centre (IFSC) in GIFT City, Gujarat
- *NSE IFSC*: A subsidiary of the National Stock Exchange, located at the International Financial Services Centre (IFSC) in GIFT City, Gujarat
Additionally, there are 25 defunct stock exchanges in India that have been granted exit by SEBI
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