Abstract

India has one of the oldest stock exchanges in Asia. There have been many structural changes in its stock markets. To have pace with world, it has modified the trading at the stock exchanges. Commodity exchanges are also doing good in India. Present study has been undertaken with the objective of comparing the trading on two exchanges in India namely Bombay Stock Exchange and Multi commodity Exchange of India Ltd. For the purpose of study, monthly data for 16 financial years from April 2007 to March 2023 has been analysed. Results of the study show that trading data on both the exchanges is not normally distributed. Both the trading data is auto correlated but in case of Bombay Stock Exchange there is some indication of monthly pattern in data whereas it is not visible in Multi Commodity Exchange data.

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