WHAT IS NSE AND BSE?
NSE : National Stock Exchange
• 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
• 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.
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