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Let me tell you a brief history of the Indian stock market. Back in the days when computers were not popular, we still used to trade through floor trading which was also known as Pit; where traders gathered in the exchange physically, where they use to buy and sell security using the open outcry method of trading, i.e a trader would to announce the price at which he wanted to buy and sell any security and other traders use to shout (out-cry) if they were interested in accepting that offer. Too much chaos and confusion and of course, shouting.
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about 3 years ago