The
National Stock Exchange of India (NSE) is one of the most important and most advanced stock markets in India and in terms of transactions it is the third largest stock exchange in the World.
The
NSE India is situated in Mumbai, the financial capital of India. During 31st December 2005, the NSE VSAT terminals, 2799 in total, were spanning over 320 cities in India.
From 1994, the National Stock Exchange of India (NSE) functioned as a dais for securities exchange.
NSE India provides dealing of different securities, such as equity, corporate debt, central and state government securities, commercial paper, and certificates of deposit. At present 1000 members are enrolled on NSE. It is the owner of different financial and insurance institutions, and be specific about three market segments: wholesale debt, capital market (automatic screen-based dealing system), and futures and options (derivatives). National Securities Clearing Corporation, India Index Services and Products, National Securities Depository, and NSE.IT (trading technology) are the associates of NSE.
NSE deals in online examination and awards certification. Branches of the NSE are placed all over India.
NSE is India’s earliest national, anonymous, electronic limit order book (LOB) exchange which deals with securities.
NSE introduced the first Indian clearing corporation "National Securities Clearing Corporation Ltd." and National Securities Depository Limited, first depository in India.
History and Origin ofThe National Stock Exchange of India
In November 1992, NSE was integrated as a tax-paying company and on the command of the Government of India, top financial institutions was promoted it.
In April 1993, under the Securities Contracts (Regulation) Act, 1956, NSE was known as a stock exchange.
In June 1994, NSE started operations in the Wholesale Debt Market (WDM) segment and in November1994, the Capital Market (Equities) segment of the NSE started operations.
In 1996, NSE was the first exchange in India which planned to trade derivatives specifically on an equity index. In February 2000, NSE started Internet trading system.
Market Indices
NSE established an index services firm called India Index Services & Products Limited (IISL) and has opened a number of stock indices, including:
S&P CNX Nifty
CNX Nifty Junior
CNX 100 (= S&P CNX Nifty + CNX Nifty Junior)
S&P CNX 500 (= CNX 100 + 400 major players across 72 industries)
CNX Midcap (introduced on 18 July 2005 replacing CNX Midcap 200)
Other NSE Indices are -
S&P CNX Defty
CNX IT
Bank Nifty
Market Capitalization
At present, NSE has the four most important segments of the capital market which are-
Equity
Futures and Options
Retail Debt Market
Wholesale Debt Market
Major Companies listed in The National Stock Exchange of India
Asian Paints
Dabur
Glaxo
Escorts
Hindustan Lever
Bank of Baroda
Infosys Technologies
ONGC
Hero Honda
Jet Airways
Top Investors
Corporation Bank
ITC
MTNL
ICICI Bank
Grasim
Biocon
Maruti
HDFC Bank
Cipla
Federal Bank
Location Details
National Stock Exchange of India Ltd.
Exchange Plaza
Plot no. C/1, G Block
Bandra-Kurla Complex
Bandra (E)
Mumbai - 400 051