National Stock Exchange of India
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The National Stock Exchange of India (NSE), is one of the largest and most advanced stock markets in India. The NSE is the world's third largest stock exchange in terms of transactions. It is located in Mumbai, the financial capital of India.
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Origins
It was promoted by leading Financial Institutions at the behest of the Government of India and was incorporated in November 1992 as a tax-paying company. In April 1993, it got the recognition as a Stock Exchange. NSE commenced operations in the Wholesale Debt Market (WDM) segment in June 1994. The Capital Market (Equities) segment commenced operations in November 1994 and operations in Derivatives segment commenced in June 2000.
Innovations
NSE has remained in the forefront of modernization of India's capital and financial markets, and its pioneering efforts include:
- Co-promoting and setting up of National Securities Depository Limited, first depository in India[1] (http://www.nsdl.co.in/).
- NSE pioneered commencement of Internet Trading in February 2000, which led to the wide popularization of the NSE in the broker community.
Markets
Currently, NSE has the following major segments of the capital market:
- Equity
- Futures and Options
- Retail Debt Market
- Wholesale Debt Market
Indices
NSE also set up as index services firm known as India Index Services & Products Limited (IISL) and has launched several stock indices, including:
Certifications
NSE also conducts online examination and awards certification, under its programmes of NSE's Certification in Finanacial Markets (NCFM)[2] (http://www.nse-india.com/). Currently, certifications are available in 9 modules, covering different sectors of financial and capital markets:
Branches of the NSE are located throughout India.
External link
- National Stock Exchange of India Ltd (http://www.nse-india.com)Template:India-eco-stub