3. INTRODUCTIONINTRODUCTION
The national stock exchange of India was promoted by
leading financial institution at the bhest of government
of India and was incorporated in November 1992 as a
tax paying company.
In April 1993,it was recognized as a stock exchange
under the securities contract(Regulation) Act, 1956
NSE commenced operation in the WDM in June 1994
The capital market segment of the NSE commenced
operation in November 1994 ,while operation in the
derivatives segment in June 2000
4. Type Stock Exchange
Location Mumbai, India
Founded 1992
Owner National Stock Exchange of India
Limited
Key people Mr.Ravi Narain - MD
Currency INR
No. of listings 1810
Market Cap Rs 47,01,923 crore (2009 August)
Website www.nse-india.com
6. PURPOSEPURPOSE
Establishing a National wide trading facility for all type
of securities.
Ensuring equal access to investor all over the country
through an appropriate communication
network.
Providing for a Fair, efficient and
transparent securities market using
electronic Trading system.
Enabling shorter Settlement cycles.
Meeting up with international
benchmark and standard.
7. ADVANTAGESADVANTAGES
WIDER ACCESSIBILITY
SCREEN BASED TRADING
NON-DISCLOSURE OF THE TRADING MEMBERS IDENTITY
TRANSPARENT TRANSACTION
MATCHING OF ORDERS
TRADING IN DEMATERIALISED FORM
8. MARKETMARKET
Currently, NSE has the following major segments of
capital market:
EQUITY
FUTURE AND OPTIONS
DEBT MARKET
CURRENCY FUTURE
MUTUAL FUND
9. NSE GROUPNSE GROUP
1. India Index Services &
Products Ltd. (IISL)
2. National Securities Clearing
Corporation Ltd. (NSCCL)
3. NSE.IT Ltd.
4. Dot Ex International Limited
10. ROLEROLE
Raising capital for businesses
Mobilizing savings for investment
Facilitating company growth
Profit sharing
Corporate governance
Barometer of the economy
11. INNOVATIONINNOVATION
Setting up the first clearing corporation "National Securities
Clearing Corporation Ltd." in India. NSCCL was a landmark in
providing innovation on all spot equity market (and later,
derivatives market) trades in India.
Co-promoting and setting up of National Securities
Depository Limited, first depository in India.
Setting up of S&P CNX Nifty.
NSE pioneered commencement of Internet Trading in
February 2000, which led to the wide popularization of the
NSE in the broker community.
12. Being the first exchange that, in 1996,
proposed exchange traded derivatives,
particularly on an equity index, in India. After
four years of policy and regulatory debate
and formulation, the NSE was permitted to
start trading equity derivatives.
Being the first and the only exchange to
trade GOLD ETFs (exchange traded funds) in
India.
13. NSE has also launched the NSE-CNBC-TV18 media centre
in association with CNBC-TV18.
NSE.IT Limited, setup in 1999 , is a 100% subsidiary of the
National Stock Exchange of India. A Vertical Specialist
Enterprise, NSE.IT offers end-to-end Information
Technology (IT) products, solutions and services.
Since the success of the NSE, existent market and new
market structures have followed the "NSE" model.
14. Mile StonesMile Stones
November 1992 Incorporation
April 1993 Recognition as a stock exchange
October 1995 Became largest stock exchange in the
country
April 1996 Launch of S&P CNX Nifty
November 1997 Best IT Usage award by Computer
Society of India.
May 1998 Launch of NSE's Web-site: www.nse.co.in
15. February 2000 Commencement of Internet Trading
June 2000 Commencement of Derivatives Trading
(Index Futures)
January 2002 Launch of Exchange Traded Funds
(ETFs)
June 2007 NSE launches derivatives on Nifty Junior
& CNX 100.
August 2008 Launch of Currency Derivatives
November 2009 Launch of Mutual Fund Service
System
February 2010 Launch of Currency Futures on
additional currency pairs