ANALYSES AND OBSERVATIONS
This seems to have left the shareholders of Companies which listed their shares only at HSE, in a lurch.
With the development of Computerised Online Trading at BSE and NSE, nowadays investors or brokers do not seem to patronise the fifteen or so Regional Stock Exchanges in the country. Ultimately, the Regional Exchanges may have to dissolve themselves in BSE or NSE Network. In this context it is difficult to expect non-broker uninterested investors to pay for investment in Regional Exchanges. Water does not flow upstream. SEBI has to find alternative solutions without diluting its original intentions.
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