4.7 The National Stock Exchange (NSE)

NSE

Incorporated in 1992 as a corporate entity and recognised in 1993, the National Stock Exchange (NSE) revolutionised the Indian stock markets as it brought technology into trading. This technology-based trading reached all the corners of the country and encouraged retail investors to participate in the stock exchanges. It grew in a short period of time as it was easy for traders to participate in screen-based trading (SBT) which made the NSE the biggest stock exchange in the country in terms of daily turnover. The NSE’s trading system is called the National Exchange for Automated Trading (NEAT). NSE operates three market segments, the Capital Market segment (CM), Futures & Options Market segment (F&O) and the Wholesale Debt Market segment (WDM).

The BSE And The NSE Over The Years

Look at the above table. The number of listed companies is more and market capitalisation is more with the BSE. Whereas the quantity of trade and overall turnover is more with the NSE.