National stock exchange

NATIONAL STOCK EXCHANGE

INTRODUCTION

The national stock exchange of India was promoted byleading financial institution at the order of governmentof India and was incorporated in November 1992 as atax paying company.

In April 1993,it was recognized as a stock exchangeunder the securities contract(Regulation) Act,1956…NSE commenced operation in June 1994

The capital market segment of the NSE commencedoperation in November 1994 ,while operation in thederivatives segment in June 2000

In terms of transactions, it is the third largest stockexchange in the World

Type Stock Exchange

Location Mumbai, India

Founded 1992

Owner National Stock Exchange ofIndia Limited

Currency Indian Rupee

Market Capacity US$1.5trillion(June2014)

Website www.nse-india.com

Board of Directors

• Ms.Chitra RamakrishnaNational Stock Exchange of India Limited

Managing Director

and also CEO

PURPOSE

• Establishing a National wide trading facility for alltype of securities.

• Ensuring equal access to investor all over thecountry through an appropriate communicationnetwork.

• Providing for a Fair, efficient and transparentsecurities market using electronic Trading system.

• Enabling shorter Settlement cycles.

• Meeting up with international benchmark andstandard

Trading schedule

• Trading takes place on all days of the week except Saturdays & Sundays. The market timings are as follows:

(1) Pre-open session (Regular)

Order entry & modification Open: 09:00 hrs

Order entry & modification Close: 09:08 hrs*

• *with random closure in last one minute. Pre-open order matching starts immediately after close of pre-open order entry.

(2) Pre-open Session for IPO and Relist Securities

Order entry & modification Open: 09:00 hrs

Order entry & modification Close: 09:45 hrs*

• *with random closure in last one minute. Pre-open order matching starts immediately after close of pre-open order entry.

(3) Regular trading session

Normal Market Open: 09:15 hrs

Normal Market Close: 15:30 hrs

• Block deal session is held between 09:15 hrs and 09:50 hrs.

(4) The Closing Session is held between 15.40 hrs and 16.00 hrs.

• The Exchange may also extend, advance or reduce trading hours when its deems fit and necessary.

ADVANTAGES WIDER ACCESSIBILITY

SCREEN BASED TRADING

NON-DISCLOSURE OF THE TRADING MEMBERS IDENTITY

TRANSPARENT TRANSACTION

MATCHING OF ORDERS

TRADING IN DEMATERIALISED FORM

Markets

Currently, NSE has the following major segments of the capital

market:

• Equity

• Futures and Options

• Retail Debt Market

• Wholesale Debt Market

• Currency futures

• Mutual Fund

• Stocks Lending & Borrowing

• Raising capital for businesses

• Mobilizing savings for investment

• Facilitating company growth

• Profit sharing

• Corporate governance

• indicator of the economy

What is the NSE CNX S&P Nifty 50?

CRISIL NSENIFTY

50

COMPONENTS OF THE NIFTY 50

• Acc limited

• Ambuja cements Ltd

• Asian paints Ltd

• Axis bank Ltd

• Baja Auto Ltd

• Bank of Baroda

• Bharat Heavy Electrical Limited

• Bharat petroleum corporation

• Hero Moto corporation Ltd

• Bharti Airtel Ltd

• Cairn India Ltd

• Cipla Ltd

• Cool India Ltd

• DLF Limited

• DR Reddy’s Laboratories Ltd

• GAIL (India) Ltd

• Grasim Industries Ltd

• HCL Technologies Ltd

• HDFC Bank Ltd

• Hindalco Industries Ltd

• Hindustan unilever Ltd

• Housing Development Finance Corporation Ltd

• ITC Limited

• ICICI Bank Ltd

• Indusind bank Ltd

• Info sys Ltd

• Jaiprakash Associated Ltd

• Kotak Mahindra Bank Ltd

• Larsen &Toubro Ltd

• Lupin Limited

• Mahindra & Mahindra Ltd

• Maruti Suzuki India Ltd

• NMDC Limited

• NTPC Limited

• Oil & Nature Gas Corporation Ltd

• Power Grid Corporation of India Ltd

• Punjab National Bank

• Ranbaxy Laboratories Ltd

• Reliance Industries Ltd

• Sesa Sterlite Limited Ltd

• State Bank of India

• Sun pharmaceutical Industrial Ltd

• Tata Motors Ltd

• Tata Power Ltd

• Tata Steel Ltd

• Tata consultancy Services Ltd

• Ultrotech Cement Ltd

• Wipro

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

Indices

NSE has launched several stock indices, including:

• S&P CNX Nifty(Standard & Poor's CRISIL NSE

Index)

• CNX Nifty Junior

• CNX 100 (= S&P CNX Nifty + CNX Nifty Junior)

• S&P CNX 500 (= CNX 100 + 400 major players

across 72 industries)

• CNX Midcap (introduced on 18 July 2005 replacing

CNX Midcap 200)

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's Web-site: www.nse.co.in

• February 2000 Commencement of Internet Trading

• June 2000 Commencement of Derivatives Trading (Index Futures)

• January 2002 Launch of Exchange Traded Funds (ETFs)

• June 2007 NSE launches derivatives on Nifty Junior & CNX 100.

• August 2008 Launch of Currency Derivatives• November 2009 Launch of Mutual Fund Service

System• February 2010 Launch of Currency Futures on

additional currency pairs

By G.SATHYA SAIMBA sem-III BIMS