Stock Exchanges: Learn the meaning of Stock Exchanges and Stock Exchanges and Leading Stock Exchange in India and How Stock Exchanges work. Stock Exchanges and its Operations.
Stock Exchange is a place where the securities i.e. Shares, debentures, bonds, government securities, mutual funds units, etc. issued by the government, public bodies, and joint-stock companies are traded.
Basically, the Indian Capital Market consists of Capital Market, Money Market, and Debts Market.
There are mainly two Leading Stock exchanges in India which are as follows.
- Bombay Stock Exchange Limited (BSE)
- National Stock Exchange (NSE)
Bombay Stock Exchange Limited (BSE)
BSE is the oldest Stock Exchange in Asia. BSE index is SENSEX. The Exchange has a nationwide reach with a presence in 417 cities and towns in India. The Bombay Stock Exchanges Limited (BSE) On-Line Trading System (BOLT) is a proprietary system of the Exchange and is BS 7799-2-2002 certified. The surveillance and clearing and settlement functions of the exchange are ISO 9001:2000 Certified.
National Stock Exchange (NSE)
It was promoted by Leading Financial Institutions at the behest of the Government of India. National Stock Exchange (NSE) was incorporated in November 1992.it uses satellite communication technology to energize participation from around 320 cities spread over the country.
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