Introduction of stock exchange market in India
Post on: 16 Март, 2015 No Comment
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A Stock Exchange is the place where investors go to buy/sell their shares
Once a company’s public offering is complete, it gets listed in a stock exchange. After listing it would be available for trading to all investors in the stock exachanges where they are listed. In India we have two major stock exchanges. They are:
1. The National Stock Exchange (NSE) &
2. The Bombay Stock Exchanges (BSE)
National Stock Exchange:
The NSE is India’s largest and the worlds third largest stock exchange in terms of Transaction volumes & amounts. The NSE is based out of Bombay. The NSE has set up its trading platform as a nation-wide, fully automated screen based system. This enables anyone in any part of the country to trade on shares listed in the NSE.
NSE Index or NIFTY:
The NSE Index or the Nifty Index as it is popularly known, is the index of the performance of the 50 largest & most profitable, popular companies listed in the index. Each company that is part of the index has its own weightage in the value of the Index. The value of the Nifty Index is the weighted average of the prices of these 50 companies.
Bombay Stock Exchange:
The BSE is the oldest stock exchange in Asia. It is situated in Dalal Street in Mumbai. It is the third largest stock exchange in south Asia and the tenth largest in the world. BSE has over 5000 companies that are listed in it. The objectives of the BSE are similar to that of the NSE. BSE also uses the latest technologies in the IT field to provide a single place where traders from across the world can buy/sell shares in the Indian share market.
BSE Index or SENSEX:
The BSE Index or the Sensex as it is popularly known, is the index of the performance of the 30 largest & most profitable, popular companies listed in the index. Each company that is part of the index has its own weightage in the value of the Index. Since the number of companies is lesser, the index variations are higher when compared to the Nifty index.
Answer
Bombay Stock Exchange (BSE) of India
BSE is well known as the oldest stock market in Asia and was initially known as ‘The Native Share & Stock Brokers Association.’ Incorporated in 1875, BSE became the first certified exchange in India. The exchange is an investor’s hub with over 5000 listed companies.
Some BSE Figures and Facts -
· BSE exchange was the first in India to launch Equity Derivatives, USD adaptation of BSE Sensex and Online stock trading policies.
· It was first to acquire the ISO consent for regulation, clearance & settlement.
National Stock Exchange (NSE) of India
Assimilated in November 1992, the National Stock Exchange of India (NSE) was a tariff forfeiting association.
Some NSE Figures and Facts
· NSE covers around 300 Indian cities for equity trading and 305 cities for derivatives.
· NSE uses satellite communication expertise to bind trading of over 400 Indian cities.
· The exchange regulates transactions of around `1 million on a daily basis.
· It is one of the biggest VSAT incorporated stock exchange across the world.
· About 8,500 customers are involved with online trading business on NSE.
NSE & BSE both are India’s giant market changers, they are the most profitable areas, where investors & traders can invest and convert their investment into huge profits.
But before investing here, a beginner should have proper knowledge & tactics about the Indian market.
This is were expert NSE & BSE market analysts will help the novice to get profitable deals.
They can go with MMFSolutions.com expert analyst, tips or suggestions.