Presentation On NSE

1. NSE
BY- SUSHMITHA A.V
SUSHMITHA K.J
YASHASWINI K

2. INTRODUCTION
 The National Stock Exchange of India was promoted by leading financial
institution at the behest of government of India and was incorporated in
November 1992 as tax paying company.
 In April 1993, it was recognized as stock exchange under securities
regulation act 1956.
 The capital market segment of the NSE commenced operation in
November 1994 , while operation in the derivatives segment in June 2000

3.  Type Stock Exchange
 Location Mumbai, India
 Founded 1992
 Owner National Stock Exchange of India Limited
 Currency INR
 No.of listings 1952
 Market Cap US$2.27 Trillion

4. PURPOSE
 Establishing a Nation wide trading facility for all type of securities.
 Ensuring equal access to investor all over the country through an
appropriate communication network.
 Providing for a Fair, efficient and transparent securities market using
electronic Trading system.
 Enabling shorter settlement cycles.
 Meeting up with international benchmark and standard.

5. ADVANTAGES
 Wider Accessebility
 Screen based trading
 Non-Disclosure of the trading members identity
 Transparent transaction
 Trading in demeterialised form

6. ROLE
 Raising capital for businesses
 Mobilizing savings for investment
 Facilitating company growth
 Profit sharing
 Corporate governance
 Barometer of the economy

7. MILE STONES
 November 1992 Incorporation
 April 1993 Recognition as a stock exchange in country
 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.nseindia.com

8.  February 2000 Commencement of Internet Trading
 June 2000 Commencement of Derivatives Trading
 January 2002 Launch of Exchange Traded Funds (ETFs)
 June 2007 NSE launches derivatives on Nifty Junior & CNX 100
 November 2009 Launch of Mutual Fund Service System
 February 2010 Launch of Currency Futures on additional
currency pairs

9. 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)

10. MARKETS
Currently, NSE has the following major segments of the capital markets:
 Equity
 Futures and Options
 Retail Debt Market
 Currency futures
 Mutual Funds
 Stock lending & Borrowing

11. ELIGIBILITY CRITERIA FOR LISTING
 The paid up equity capital of the applicant shall not be less than RS. 10
crores and the capitalization of the applicant’s equity shall not be less than
Rs 25 crores.
 The issuer shall have adhered to conditions precedent to listing as
emerging from interaliance from Securities Regulations Act 1956,
Companies Act 1956, Securities and Exchange Board of India Act 1992.
 Atleast three years track record
 No disciplinary action by other stock exchanges and regulatory authorities
in past three years

12.  Redressal mechanism of investor grievance
 Distribution of shareholding
 Details of litigation
 Track record of directors

13. LISTING PROCEDURE
 An Issuer has to take various steps prior to making an application
for listing its securities on the NSE. These steps are essential to
ensure the compliance of certain requirements by the issuer
before listing its securities on the NSE. Those steps are
 Approval of Memorandum and Articles of Association
 Approval of draft prospectus
 Submission of Application
 Listing conditions and requirements

14. CERTIFICATIONS
NSE also conducts online examination and awards
certification, under its programmes of NSE’s Certification
in Financial Markets (NCFM). Currently, cerifications are
available in 19 modules, covering different sectors of
financial and capital markets. Branches of the NSE are
located throughout India.