What is the definition of trade value on the National Stock Exchange (NSE)?
The trade value on the National Stock Exchange (NSE) refers to the total monetary value of all shares that are traded during a given period of time. It is calculated by multiplying the number of shares traded by the traded price. The trade value is an important indicator of the liquidity and volume of trading activity in the market, as well as the overall value of the market.
The trade value is reported on the NSE's website and is updated in real-time during trading hours. It can be used to compare the activity of different stocks or sectors, and can also be used to compare the activity of different exchanges.
It's important to note that trade value doesn't indicate the gain or loss of any investor. It's just a measure of how much money has been exchanged in the market, as a result of buying and selling of shares.
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