NATIONAL STOCK EXCHANGE (NSE)

NATIONAL STOCK EXCHANGE (NSE)

TOPIC: Economy

Context- In April 2019, SEBI’s investigations unearthed evidence of gross negligence and a complete disregard for public and investor interests at the NSE.

Concept-

NSE:

• National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai, Maharashtra.
• The National Stock Exchange of India Limited (NSE) is India’s largest financial market.
• NSE was established in 1992 as the first dematerialized electronic exchange in the country.
• Incorporated in 1992, the NSE has developed into a sophisticated, electronic market, which ranked fourth in the world by equity trading volume.
• NSE was the first exchange in India to provide modern, fully automated electronic trading.
• The NSE is the largest private wide-area network in India.
• The NIFTY 50 is the flagship index on the National Stock Exchange of India Ltd. (NSE).
  • The Index tracks the behavior of a portfolio of blue chip companies, the largest and most liquid Indian securities. It includes 50 of the approximately 1800 companies listed on the NSE.
• NSE is ranked 4th in the world in cash equities by number of trades as per the statistics maintained by the World Federation of Exchanges (WFE) for the calendar year 2021.
• It is regulated by SEBI.
  • The Securities and Exchange Board of India (SEBI) is the regulatory authority established under the SEBI Act 1992 and is the principal regulator for Stock Exchanges in India.

Difference between NSE & BSE