India: Stock market turnover ratio: For that indicator, The World Bank provides data for India from 2003 to 2016. The average value for India during that period was 73.3 percent with a minumum of 46.89 percent in 2014 and a maximum of 142.99 percent in 2008. See the global rankings for that indicator or use the country comparator to compare trends over time.
The stock market turnover ratio in India equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of India is. A country may have many listed companies but few active trades. Conversely, there may be few listed companies but many trades.
Definition: Turnover ratio is the value of domestic shares traded divided by their market capitalization. The value is annualized by multiplying the monthly average by 12.