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The term “regional stock exchange” refers to any stock market that mainly serves the needs of businesses located within a certain area.
Regional stock exchanges played a significant role in India’s trade activities from 1950 to 2000. This was due to the limitations of physical trading and usage of the outcry system (shouting to make bids for stocks).
The rise of national-level stock exchanges like as the BSE and the NSE, on the other hand, caused regional stock exchanges to lose some of their popularity. Online trading also had a role in this decline.