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Abstract
The present research work has been undertaken to analyse the growth and trend of Indian stock market in recent decade. The study has considered the criteria of annual average indices of Sensex and Nifty, quantity of shares traded, value of shares traded and market capitalisation of top exchanges namely BSE and NSE. The study required secondary data such as annual indices namely Sensex of BSE, Nifty of NSE, quantity of shares traded, value of shares traded and market capitalisation for the study period of ten years from 2006-07 to 2015-16. These data were collected from Hand Book of Statistics of SEBI from 2006-07 to 2015-16. The researcher used percentage, mean, standard deviation, co-efficient of variation and compounded annual growth rate as statistical tools. The study found that Indian stock market met a considerable growth during the study period in terms of annual average indices, but both BSE and NSE met a drastic decline during 2008-09 due to global financial crisis. The results of quantity and value of shares traded showed that both BSE and NSE shared more than 99.5 per cent of total transactions carried out in all exchanges in India, of which the share of NSE is more than BSE and share of NSE is increasing every year. Market capitalisation of both BSE and NSE increased considerably during the study period.