Stock Exchanges are structured marketplace where affiliates of the union gather to sell firm’s shares and other securities. India Stock Exchanges can either be a conglomerate/ firm or mutual group. The affiliates act as intermediaries to their patrons or as key players for their own accounts.
Stock Exchanges in India also assist the issue and release of securities and other monetary tools incorporating the fortification of revenues and dividends. The book keeping of the trade is centralized but the buying and selling is associated to a particular place as advanced marketplaces are mechanized. The buying and selling on an exchange is only open to its affiliates and brokers.
Different Stock Exchanges in India
(a) National Stock Exchange (NSE) of India
Integrated in November 1992, the National Stock Exchange of India (NSE) was initially a tariff forfeiting association. In 1993, the exchange was certified under Securities Contracts (Regulation) Act, 1956 and in June 1994 it started its business functioning in the Wholesale Debt Market (WDM).
The Equities division of NSE began its operations in 1994 while in 2000 the corporation incorporated its Derivatives division.
Some NSE Figures and Facts
The equities division of NSE covers around 300 Indian cities, while its derivates section covers 305 cities.
The number of securities accessible for buying and selling in NSE exchange in its equities and derivates section are 1,383 and 3,143 respectively.
... in the stock exchange. So government of India decided to set up an agency or regulatory body known as Securities Exchange Board of India (SEBI) ... the Insider Trading: Insider trading means the buying and selling of securities by those people’s directors Promoters, etc. who have ... -laws and intimated the Stock Exchanges in the year 2000. The derivative trading started in India at NSE in 2000 and BSE ...
The total amount of Settlement warranty fund in NSE equities division and derivates section are Rs 2,085.25 crores and Rs 6,018.30 crores respectively.
The daily turnover of NSE equities division is Rs 10,336.52 crores, for derivates segment is Rs 32,809.96 crores and for Whole sale debt division is Rs 13,911.57 crores.
NSE uses satellite communication expertise to strengthen contribution from around 400 Indian cities.
The exchange administers around rs 1 million of buying and selling on daily basis.
It is one of the biggest VSAT incorporated stock exchange across the world.
Currently more than 8,500 customers are doing online exchange business on NSE application.
NSE Corporate Office
National Stock Exchange of India Ltd.
Plot no. C/1, G Block
Mumbai – 400 051
(b) Bombay Stock Exchange (BSE) of India
The oldest stock market in Asia, BSE stands for Bombay Stock Exchange and was initially known as “The Native Share & Stock Brokers Association.” Incorporated in the 1875, BSE became the first exchange in India to be certified by the administration. It attained a permanent authorization from the Indian government in 1956 under Securities Contracts (Regulation) Act, 1956.
Over the year, the exchange company has played an essential part in the expansion of Indian investment market. At present the association is functioning as corporatised body integrated under the stipulations of the Companies Act, 1956.
Some BSE Figures and Facts
BSE exchange was the first in India to launch Equity Derivatives, Free Float Index, USD adaptation of BSE Sensex and Exchange facilitated Internet buying and selling policy
BSE exchange was the first in India to acquire the ISO authorization for supervision, clearance & Settlement
Today, Indian economy is the 10th largest in the world by nominal GDP and the 3rd largest by purchasing power parity. India is a member of BRICS (Brazil, Russia, India, China, South Africa) and one of the G-20 major economies. But India has come a long way in terms of economic growth since its independence in 1947. Indian economy and its journey since independence Before the British came, India ...
BSE exchange was the first in India to have launched private service for economic training
Its On-Line Trading System has been felicitated by the internationally renowned standard of Information Security Management System.
BSE Corporate Office
Bombay Stock Exchange Limited
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(c) Regional Stock Exchanges (RSE) of India
The Regional Stock Exchanges in India started spreading its business operation from 1894. The first RSE to start its functioning in India was Ahmedabad Stock Exchange (ASE) followed by Calcutta Stock Exchange (CSE) in 1908.
The stock exchange in India witnessed a flourishing phase in 1980s with the incorporation of many exchanges under it. In early 60s, it has only few certifies RSEs under it namely Hyderabad Stock Exchange, Indore Stock Exchange, Madras Stock Exchange, Calcutta Stock Exchange and Delhi Stock Exchange. The recent to join the list was Meerut Stock Exchange and Coimbatore Stock Exchange.
Catalog of Regional Stock Exchanges in India
Ahmedabad Stock Exchange
Bangalore Stock Exchange
Bhubaneshwar Stock Exchange
Calcutta Stock Exchange
Cochin Stock Exchange
Coimbatore Stock Exchange
Delhi Stock Exchange
Guwahati Stock Exchange
Hyderabad Stock Exchange
Jaipur Stock Exchange
Ludhiana Stock Exchange
Madhya Pradesh Stock Exchange
Madras Stock Exchange
Magadh Stock Exchange
Mangalore Stock Exchange
Meerut Stock Exchange
OTC Exchange Of India
Pune Stock Exchange
Saurashtra Kutch Stock Exchange
Uttar Pradesh Stock Exchange
Vadodara Stock Exchange