Table 8: Depth of Financial Markets in India – Average Daily Turnover (Rs.crore) Year  Money Market*  Government Securities Market  Foreign Exchange Market #  Equity Market** (cash segment)  Equity Derivatives at NSE  1  2  3  4  5  6  1991-92@  6,579  391  -  469  -  2000-01  42,657  2,802  21,198  9,308  11  2001-02  65,500  6,252  23,173  3,310  410  2002-03  76,752  7,067  24,207  3,711  1,752  2003-04  28,660  8,445  30,714  6,309  8,388  2004-05  38,528  4,826  39,952  6,556  10,107  2005-06  60,034  3,643  56,391  9,504  19,220  2006-07  88,803  4,863  83,984  11,760  29,803  *: Includes the call money, the notice money, the term money, the CBLO and the repo markets.
** : Includes both BSE and NSE turnover. # : Inter-bank turnover only. @: Data for G-Sec and equity market relate to 1995-96. -: not available Source: Reserve Bank of India; The Bombay Stock Exchange, Mumbai; and National Stock Exchange of India Limited.