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<blockquote data-quote="abhi1984" data-source="post: 1935527" data-attributes="member: 38817"><p>Sorry this might be a bit of a hyperbole but isn't that like saying why do we have different mobile operators within the same area? An argument could be made that one has better service over the other in certain areas but if we are to talk about city center - they do operate on similar prices, provide similar coverage? What advantage does it give people over another operator - one of them is monopoly, another is price competition - we wouldn't have seen free incoming if not for a newer player like Reliance gave it away, better services, newer packages etc.</p><p>While price of a share is similar there are more things to look out for - brokerage (fees for buying/selling) you need to pay, liquidity they provide (you need to sell 10000 shares of AVI Corp <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite7" alt=":p" title="Stick Out Tongue :p" loading="lazy" data-shortname=":p" /> there needs to be someone who will buy it from you and vice-versa, right? ) etc.</p><p>BSE is the oldest exchange in ASIA and 11th largest by market localisation. Every country's market is represented by one stock market - it gives a rather unified view of how things are going.</p></blockquote><p></p>
[QUOTE="abhi1984, post: 1935527, member: 38817"] Sorry this might be a bit of a hyperbole but isn't that like saying why do we have different mobile operators within the same area? An argument could be made that one has better service over the other in certain areas but if we are to talk about city center - they do operate on similar prices, provide similar coverage? What advantage does it give people over another operator - one of them is monopoly, another is price competition - we wouldn't have seen free incoming if not for a newer player like Reliance gave it away, better services, newer packages etc. While price of a share is similar there are more things to look out for - brokerage (fees for buying/selling) you need to pay, liquidity they provide (you need to sell 10000 shares of AVI Corp :P there needs to be someone who will buy it from you and vice-versa, right? ) etc. BSE is the oldest exchange in ASIA and 11th largest by market localisation. Every country's market is represented by one stock market - it gives a rather unified view of how things are going. [/QUOTE]
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