Saturday, May 29, 2010

What is NSE?

National Stock Exchange of IndiaImage via Wikipedia
BSE is considered to be the oldest stock exchange in the country. This exchange was started about 100 years ago As NSE; it also provides the secondary market.

In order to give more emphasis on technology and approaching the nationwide service, NSE was setup in 1995:

Investors are offered to trade on companies by both Bombay Stock Exchange (BSE)
And National Stock Exchange (NSE).

BSE and NSE offer investors to trade on companies. Each of these exchanges have their own membership for brokers admission which can help investors in trading which includes buying and selling of stocks. BSE and NSE have their corporate offices in Mumbai.NSE is leading as better stock exchange for the last ten years on the basis of volume and quality trade.

NSE is situated In Mumbai. 

National Stock Exchange (NSE) is considered to be the first debt market in India. It was established in 1993 and encouraged stock exchange reforms through modernization and competition.

Trading process was inaugurated in mid year of 1994.NSE was recognized as stock exchange by the Department of Company Affairs.NSE deals in trade related to treasury bills, government security and bonds issued by public sector companies.

The Organization: The New Stock exchanges are originated on the basis of report of the High Powered Study Group, who promoted the National Stock Exchange (NSE), to provide access to all the investors nationwide on equal basis. National Stock Exchange (NSE) was promoted, by leading Financial Institutes, supervised and controlled by Govt Of India. Unlike other stock exchanges in the country, NSE was incorporated as a tax paying company in Nov-1992.

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