India's top Benchmark Indexes Sensex and Nifty are derived from these two famous Stock Exchanges BSE and NSE. One is the oldest stock exchange in Asia and another one is the fastest growing stock exchange in the world. Please view the slides to know the main differences between these two stocks exchanges.
2. Introduction
In India, most of the Stock Trading is done by the
two biggest Stock Exchange Houses which are
Bombay Stock Exchange (BSE) and National
Stock Exchange (NSE). Bombay Stock Exchange
was established in 1882 and it is the oldest stock
exchange in the whole Asia. whether Nation Stock
Exchange was established in 1992 but it is the
highest growing stock exchange in the world.
Definately, there would be so many differences
between BSE and NSE and we will find it on next
slides.
3. Bombay Stock Exchange (BSE)
Bombay Stock Exchange Limited is the oldest stock exchange in
Asia with a rich heritage. Popularly known as "BSE", it was
established as "The Native Share & Stock Brokers Association" in
1875. It was the first stock exchange in the country to obtain
permanent recognition in 1956 from the Government of India
under the Securities Contracts (Regulation) Act, 1956. Earlier an
Association of Persons (AOP), the Exchange is now a
demutualised and corporatised entity incorporated under the
provisions of the Companies Act, 1956, pursuant to the
BSE(Corporatisation and Demutualisation) Scheme, 2005 notified
by the Securities and Exchange Board of India (SEBI).Bombay
Stock Exchange Limited received its Certificate of Incorporation
on 8th August, 2005 and Certificate of Commencement of
Business on 12th August, 2005. It is composed of 30 of the largest
and most actively-traded stocks on the BSE.
5. National Stock Exchange (NSE)
The National Stock Exchange of India was promoted by leading
financial institutions at the behest of the Government of India, and
was incorporated in November 1992 as a tax-paying company. In
April 1993, it was recognized as a stock exchange under the
Securities Contracts (Regulation) Act, 1956. NSE commenced
operations in the Wholesale Debt Market (WDM) segment in June
1994. The Capital Market (Equities) segment of the NSE
commenced operations in November 1994, while operations in the
Derivatives segment commenced in June 2000. NIFTY is an
indicator of 50 major companies of the NSE.
7. BSE Vs. NSE Table
Points BSE NSE
Number of listed companies Above 5537 1696
Market capitalization of listed
companies
96,55,963 crore
( december 2014)
US$1.47 trillion (june
2014)
Main Index BSE Sensex S&P CNX Nifty
Index value Currently 24820.89 7555.50
Location Mumbai Mumbai
Claim to fame Asia's oldest stock
exchange
Highest number on
trades per day
8. BSE Vs. NSE Table
Points BSE NSE
Key Person Mr Ashish Chauhan Ms. Chitra Ramkrishna
Website www.bseindia.com www.nseindia.com
Geographical spread Presence in 417 cities Presence in 1,486 cities
Established in 1875 1992
Ranking w.r.t. market
capitalization
10th largest in world 11th largest in world