India has a lot to do in building liquidity in equity trading
Trading in India's equity cash market has taken a hit since STT was imposed
National Stock Exchange of India (NSE) is likely to end the current year as the world’s second largest derivatives exchange, behind only Chicago Mercantile Exchange (CME), based on the number of contracts traded on its platform. Just two years ago, in 2011, it was ranked the fifth largest exchange. Five years ago, it was ranked eight. The rise in volumes on the exchange, clearly, is rather spectacular.