Hey folks,hope you are doing good. My last article was about Bombay Stock Exchange and this is about the India’s second largest Stock Exchange which is National Stock Exchange (NSE).
You must have heard the word nifty and wondered what it is?
Don’t worry after reading these facts about NSE, your confusion will be cleared and your knowledge about National Stock Exchange will be updated.
Let’s get it started.
NSE was established in 1992 as the first electronic exchange in the country. NSE was the first exchange in India to offer a modern, fully automated screen-based electronic trading system which provides easy trading facility to the investors spread all over the country.
2)Where is the Headquarter of NSE located?
The Headquarters of National Stock Exchange is located in Mumbai, Maharashtra, India.
3)What is its Market Worth?
The market capitalization of National Stock Exchange is of more than US$1.41 trillion which is little less than Bombay Stock Exchange. However,both the stock exchanges contribute only 4% to the GDP/ India Economy.
4) Number Of Companies Listed on National Stock Exchange?
National Stock Exchange has fixed number of companies which are categorized in certain groups of companies like Nifty 50, which has 50 companies listed in it. Whereas Bombay Stock Exchange nearly 6000 companies listed on it making it the largest stock exchange in India .
5) What is its Ranking in the World?
NSE is India’s largest electronic Financial Market. It is 12th largest Stock Exchange in the world. Whereas it is second largest stock exchange in India after Bombay Stock Exchange. Due to its sophisticated electronic market,it ranks third in the world for transacted volume.Here is the list of Stock Exchanges of world according to their ranking:
6) How is the performance of NSE measured?
The performance of NSE is measured by NSE's flagship index, the NIFTY 50, the 51 stock index (50 companies with 51 securities), is used extensively by investors in India and around the world to monitor the position of the Indian capital markets .
7) Securities traded in NSE