The National Stock Exchange (NSE) is the largest stock exchange in India and the fourth largest in the world. It was incorporated in 1992 and recognized as a stock exchange in 1994. NSE uses the NEAT trading system which allows for fully automated screen-based trading through over 2,30,000 terminals across 1500 cities in India. The key objectives of NSE are to establish nationwide securities trading, ensure equal access for all investors, and provide a fair, efficient and transparent market.

2.  National Stock Exchange (NSE) is the largest
stock exchange in India
 It is the fourth largest in the world by equity
trading volume in 2015,
 Ashok Chawla- Chairman
 Vikram Limaye- (MD & CEO)

3.  Incorporated in November 1992
 Recognised as a stock exchange in 1994
 Set up by LIC, GIC & Commercial banks
 Paid up capital 25 crores
 Trading system-NEAT(National Exchange for
Automated Trading)
 Fully automated screen based trading
 2,30,000 terminals across 1500 cities

4. OBJECTIVES
 Establishing a nationwide trading for all securities
 Ensuring equal access to all investors all over the
country
 Providing a fair,efficient and transparent securities
market through electronic trading system
 Enabling shorter settlement cycles and book entry
settlements
 Meeting international benchmarks and standards

5. Two segments
a)Wholesale debt market segment
Provides a trading platform for a wide range of
fixed income securities
b)Capital market segment
 Provides an efficient and transparent
platform for trading in equity, preference,
debentures exchange traded funds and
government securities

7.  Established in 1875
 Oldest in Asia,Chairman – Ashish chauhan
 Companies with at least 10 crore paid up capital
can be listed
 A,B,T & Z Group
 In 1995 BOLT Introduced
 No of listed companies-5281
 Market capitalisation of listed companies-
67,94,300 crores(as on 18/11/2013)
 Turnover- 2025 crores(as on 18/11/2013)

8.  Market for securities outside the stock
exchange
 Started in 1992
 Providing market for smaller companies
 Capital 8 crores
 Recognised stock exchange
 Screen based computer network
 Headquarters Mumbai

10.  Stock market index is a barometer of market
behavior.
 It measures overall market sentiment through a
set of stocks that are representative of the
market
 BSE SENSEX and NSE NIFTY are the popular indices
in India
 Dow Jones Industrial average –US
 NASDAQ –NASDAQ stock market- US
 S and P –US
 FTSE –London stock exchange

11.  Base year 1978-79
 Base Index Value 100
 Date of Launch 01-01-1986
 Weighted average price of 30 shares in A
Group
 From 2003,SENSEX calculated on free float
 Current index 20850(as on 18/11/2013)
 Number of scrips- 30
 Index calculation frequency -Real Time

12.  Shareholding of investors that would come
into the open market for trading are treated
as included in free-float.

13.  Index of NSE
 Fifty shares weighted average price
movement
 Current index 6189(18/11/2013)

14.  Depositories Act 1992
 Depository is an organisation where
securities of a share holder are held in
electronic form

15. Depository Depository
participant
InvestorRegistrar

16.  Investors surrender certificates to DP
 DP informs depository through electronic
media
 DP sends original certificate to the registrar
for verification & cancellation
 Depository sends formal request to the
registrar

17.  Registrar informs depository of cancellation
& electronic credit given
 Depository updates its account and informs
the DP concerned
 DP informs the customer about the credit in
its account

18.  Selection of a broker
 Opening a Demat account with the
DP
 Placing order for purchase/sale of
securities with the broker
 Execution of order through computer
terminal
 Delivery of contract note to the investor
 Effecting changes in the Demat account
 Making/receiving the payment