NATIONAL STOCK EXCHANGE

BY

AJU K RAJU MBA II

What is a Stock Exchange?

Stock exchange is that place where trading of shares is done in terms of sale and purchase.

Introduction
NSE was incorporated in November 1992 as a tax-paying company and in April 1993, it was recognized as a stock exchange under the Securities Contracts Regulation Act, 1956. It is the 16th largest stock exchange in the world and largest in India by daily turnover and number of trades, for both equities and derivative trading.

 As of December 2011, it has a market capitalization of around US$985 billion. It is the second fastest growing stock exchange in the world with a recorded growth of 16.6% and over 1,640 listings as of December 2011. It is the third largest Stock Exchange in the world in terms of the number of trades in equities.

MD OF NSE MR. RAVI NARAIN

PURPOSE
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.(NEAT) Enabling shorter Settlement cycles.(T+2) Meeting up with international benchmark and standard.

Promoters
IDBI LTD IFCI LTD

LIC LTD
SBI ICICI BANK LTD

IL & FC TRUST COMPANY LTD

SHCI LTD SBI CAPITAL MARKET LTD

 BANK OF BARODA CANARA BANK

GENERAL INSURANCE CORPORATION OF INDIA

NATIONAL INSURANCE CORPORATION OF INDIA THE NEW INDIA ASSURANCE COMPANY LTD

THE ORIENTAL INSURANCE COMPANY LTD

UNITED INDIA INSURANCE COMPANY LTD PANJAB NATIONAL BANK

 ORIENTAL BANK OF COMMERCE INDIAN BANK

UNION BANK OF INDIA

INFRACTURE DEVELOPMENT FINANCE COMPANY LTD.

Currently, NSE has the following major segments of the capital market:
Equities Equities

Mutual Funds
Exchange Traded Funds Initial Public Offerings

Security Lending and Borrowing Scheme

Derivatives Equity Derivatives (including Global Indices like S&P 500, Dow Jones and FTSE )

Currency Derivatives
Interest Rate Futures Debt

Retail Debt Market

Wholesale Debt Market Corporate Bonds

Market Timings
A) Pre-open session Order entry & modification Open : 09:00 am Order entry & modification Close : 09:08 am *with random closure in last one minute. Pre-open order matching starts immediately after close pre-open order entry. B) Regular trading session Normal / Retail Debt / Limited Physical Market Open : 09:15 am Normal / Retail Debt / Limited Physical Market Close : 03:30 pm Block deal session is held between 09:15 am and 09:50 am C) The Closing Session is held between 03:40 pm and 4:00pm

Certifications
NSE also conducts online examination and awards certification, under its programmes of NSE's Certification in Financial Markets (NCFM). Currently, certifications are available in 37 modules, covering different sectors of financial and capital markets. Branches of the NSE are located throughout India.