Stock Exchange

STOCK EXCHANGE

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.
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...