The Indian share market has two national level exchanges: Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE).
The NSE is the third largest stock exchange in the world in terms of volume while BSE is the oldest stock exchange in Asia.
It is not an overstatement that Indian share market largely depends on the NSE and BSE indexes. Apart from the NSE and BSE, all major state capitals in India have one stock exchange of their own. The business capital Mumbai houses both major stock exchanges. With the advent of Internet, investing in Indian share market has become more convenient.
The Indian share market has a number of stock exchanges operating at different parts of the country. The complete list of Indian stock exchanges is:
- Bombay Stock Exchange (BSE)
- National Stock Exchange of India (NSE)
- Delhi Stock Exchange Association
- Calcutta Stock Exchange
- Madras Stock Exchange (MSE)
- Bangalore Stock Exchange
- Hyderabad Stock Exchange (HSE)
- Ahmedabad Stock Exchange
- Gawahati Stock Exchange
- Bhubaneswar Stock Exchange (BhSE)
- Jaipur Stock Exchange
- Pune Stock Exchange
- Madhya Pradesh Stock Exchange
- Saurashtra-Kutch Stock Exchange
- Cochin Stock Exchange
- Ludhiana Stock Exchange Association
- Meerut Stock Exchange
- Mangalore Stock Exchange
- Vadodara Stock Exchange
- OTC Exchange of India
- Coimbatore Stock Exchange
- Uttar Pradesh Stock Association
- Magadh Stock Exchange
The National Stock Exchange Limited, better known as NSE, is the largest share market exchange in India and in July 2007 had a total market capitalization of 4274509 crore INR that makes it the second largest share market in South Asia. But Bombay Stock Exchange Limited or BSE located in the Dalal Street of Mumbai is the more famous share market exchange in India. Established in 1875, BSE is the oldest stock exchange in Asia and has 4800 Indian companies listed with it. By July 2007, the market capitalization of BSE was US $1.005 trillion. The Singapore Exchange has recently acquired strategic investment in BSE.
After a detailed study in the share market of India, individuals can get a fair idea of the stock prices, gross deliverables, derivatives, historical data, indices, category wise turnover, bulk deals, block deals, initial public offerings, margin trading, companies in debt market, delisted companies, and company mergers. Both the BSE and NSE have well maintained websites, and individuals wishing to invest in the Indian share market can visit a site for market information.