What is National stock exchange (NSE)? What is Bombay stock exchange (BSE) ? What is Difference between NSE and BSE?

 WHAT IS NSE AND BSE?

NSE : National Stock Exchange 

• National Stock Exchange (NSE) is the first stock exchange which introduced an advanced electronic trading system in the country. 

• NSE is the youngest stock exchange of the country. 

• Nifty is the popular index, which was introduced by NSE in 1995, to act as a basis for measuring the performance of the exchange. It lists top 50 companies which traded on the exchange.

BSE : Bombay Stock Exchange 

• Bombay stock exchange is also known as BSE it is the first stock exchange of the continent. 

• Native Share & Stock Brokers Association. 

• Bombay Stock Exchange (BSE) is the oldest financial market in the country, which offers high speed trading to its customers.

DIFFRENTS BETWEEN NSE-BSE. 

•PARTICULARS NSE BSE Website: 

NSE: www.nseindia.com 

BSE: www.bseindia.com 

•Number of listed companies (June 2010): 

NSE:1,810 

BSE:6000+ 

•Number of members: 

NSE:1009 as on March 2007 

BSE:951 (Oct 2007)

•Location: 

NSE: Mumbai, India 

BSE: Mumbai, India 

•Established in: 

NSE:1992 

BSE:1875 

•Name: 

NSE: National Stock Exchange 

BSE: Bombay Stock Exchange 

•Market Capitalization of listed companies: 

NSE:Rs. 3,367,350 crore. 

BSE:Rs. 4,670,227 crore 

•Geographical spread: 

NSE: Presence in 1,486 cities 

BSE: Presence in 417 cities

NSE:

MILE STONES:

☑November 1992 Incorporation. 

☑April 1993 Recognition as a stock exchange. 

☑October 1995 Became largest stock exchange in the country. 

☑April 1996 Launch of S&P CNX Nifty. 

☑November 1997 Best IT Usage award by Computer Society of India.

☑May 1998 Launch of NSE Web-site: www.nse.co.in

NSE GROUP - 

(1) India Index Services & Products Ltd. <IISL>

(2) National Securities Clearing Corporation Ltd. <NSCCL>

(3) NSE.IT Ltd. 

(4) Dot Ex International Limited

BSE:

ORDER MATCHING PERIOD:

☑Order matching period will start immediately after completion of order entry period. 

☑Opening price determination, and trade confirmation.

ORDER ENTRY PERIOD:

☑Limit and market both order will be allowed.  

☑Dissemination of indicative equilibrium price, indicative match-able quantity and indicative index values. 

TRADING SESSIONS:

☑The pre-open session shall be for duration of 15 minutes from 9:00 AM to 9:15 AM. 

☑The Normal trading session shall be for duration from 9:15 AM to 3:30 PM.

☑The closing price calculation session shall be for duration from 3:30 PM to 3:40 PM.

☑The post closing session shall be for duration  from 3:40 PM to 4:00 PM.