NATIONAL STOCK EXCHANGE AND BOMBAY STOCK EXCHANGE
Abhijit Ghosh Department of Management Mizoram University
NATIONAL STOCK EXCHANGE
Prepared by, ABHIJIT
Prepared by, ABHIJIT
OVERVIEW
The National Stock Exchange (NSE) is a stock exchange located at Mumbai, India. y It is the largest stock exchange in India in terms of daily turnover and number of trades, for both equities and derivative trading. y NSE has a market capitalization of around 6,393,418 crore (US$1,438.52 billion) (August 2010). y NSE is the third largest Stock Exchange in the world in terms of the number of trades in equities
y
Prepared by, ABHIJIT
HISTORY
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 taxpaying company. y In April 1993, it was recognized as a stock exchange under the Securities Contracts Regulation Act, 1956.
y
Prepared by, ABHIJIT
OBJECTIVE:
NSE was set up with the objectives of
establishing a nationwide trading facility for all types of securities, ensuring equal access to all investors all over the country through an appropriate communication network, providing a fair, efficient and transparent securities market using electronic trading system, meeting the international benchmarks and standards.
Prepared by, ABHIJIT
INNOVATIONS:
y
y
y
y y
It has a fully automated screen based trading system, known as the National Exchange for Automated Trading (NEAT) system. In February 2000, NSE became the first exchange in the country to provide web-based access to investors to trade directly on the Exchange. Setting up the first clearing corporation "National Securities Clearing Corporation Ltd." (NSCCL)in India. Being the first and the only exchange to trade GOLD ETFs (exchange traded funds) in India. NSE has also launched the NSE-CNBC-TV18 media centre in association with CNBC-TV18.
Prepared by, ABHIJIT
INDICES
y
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)
Prepared by, ABHIJIT
y
y
y
y
BOMBAY STOCK EXCHANGE
Prepared by, ABHIJIT
Prepared by, ABHIJIT
The Bombay Stock Exchange (BSE) is the oldest stock exchange in Asia. y It has the largest number of listed companies in the world, with 4990 listed (as of August 2010), and the world's 5th in transaction numbers. y It is located at Dalal Street, Mumbai, India. y On Aug, 2010, the market capitalization of the companies listed on the BSE was US$1.39 trillion, making it the 4th largest stock exchange in Asia and the 11th largest in the world.
y
Prepared by, ABHIJIT
HISTORY:
Established as "The Native Share & Stock Brokers' Association" in 1875. y The first stock exchange in the country which obtained permanent recognition (in 1956) from the Government of India under the Securities Contracts (Regulation) Act 1956. y BSE is the first exchange in India and the second in the world to obtain an ISO 9001:2000 certification. y The Bombay Stock Exchange developed the BSE Sensex in 1986, giving the BSE a means to measure overall performance of the exchange.
y
Prepared by, ABHIJIT
INNOVATIONS:
y y
The BSE switched to an electronic trading system in 1995. This automated, screen-based trading platform called BSE On-line trading (BOLT) currently has a capacity of 80 lakhs orders per day. In February 2001, BSE has introduced the world's first centralized exchange-based internet trading system, BSEWEBX.co.in to enable investors anywhere in the world to trade on the BSE platform. Investor Services: BSE was the first exchange in the country to provide an amount of Rs.1 million towards the investor protection fund. It is also the first exchange in the country and second in the world to receive Information Security Management System Standard certification. BTI imparts capital market training and certification, in collaboration with reputed management institutes and universities It has become the first national level stock exchange to launch its website in Gujarati and Hindi.
Prepared by, ABHIJIT
y
y
y
y
y
INDICES:
y y y y y y y y y
BSE SENSEX (SENSitive indEX), was launched in 1986, also called the ´BSE 30··. BSE National Index (in Jan 1989). The BSE National Index was renamed BSE-100 Index from Oct14, 1996. BSE-200 Index.(27th May, 1994) DOLLEX-200 Index. (27th May, 1994) BSE-500 Index BSE-PSU Index DOLLEX-30 Index BSE TECK Index.
BSE shifted all its indices to the free-float methodology (except BSE-PSU index).
Prepared by, ABHIJIT
Thank You
Prepared by, ABHIJIT
doc_539217677.pptx
Abhijit Ghosh Department of Management Mizoram University
NATIONAL STOCK EXCHANGE
Prepared by, ABHIJIT
Prepared by, ABHIJIT
OVERVIEW
The National Stock Exchange (NSE) is a stock exchange located at Mumbai, India. y It is the largest stock exchange in India in terms of daily turnover and number of trades, for both equities and derivative trading. y NSE has a market capitalization of around 6,393,418 crore (US$1,438.52 billion) (August 2010). y NSE is the third largest Stock Exchange in the world in terms of the number of trades in equities
y
Prepared by, ABHIJIT
HISTORY
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 taxpaying company. y In April 1993, it was recognized as a stock exchange under the Securities Contracts Regulation Act, 1956.
y
Prepared by, ABHIJIT
OBJECTIVE:
NSE was set up with the objectives of
establishing a nationwide trading facility for all types of securities, ensuring equal access to all investors all over the country through an appropriate communication network, providing a fair, efficient and transparent securities market using electronic trading system, meeting the international benchmarks and standards.
Prepared by, ABHIJIT
INNOVATIONS:
y
y
y
y y
It has a fully automated screen based trading system, known as the National Exchange for Automated Trading (NEAT) system. In February 2000, NSE became the first exchange in the country to provide web-based access to investors to trade directly on the Exchange. Setting up the first clearing corporation "National Securities Clearing Corporation Ltd." (NSCCL)in India. Being the first and the only exchange to trade GOLD ETFs (exchange traded funds) in India. NSE has also launched the NSE-CNBC-TV18 media centre in association with CNBC-TV18.
Prepared by, ABHIJIT
INDICES
y
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)
Prepared by, ABHIJIT
y
y
y
y
BOMBAY STOCK EXCHANGE
Prepared by, ABHIJIT
Prepared by, ABHIJIT
The Bombay Stock Exchange (BSE) is the oldest stock exchange in Asia. y It has the largest number of listed companies in the world, with 4990 listed (as of August 2010), and the world's 5th in transaction numbers. y It is located at Dalal Street, Mumbai, India. y On Aug, 2010, the market capitalization of the companies listed on the BSE was US$1.39 trillion, making it the 4th largest stock exchange in Asia and the 11th largest in the world.
y
Prepared by, ABHIJIT
HISTORY:
Established as "The Native Share & Stock Brokers' Association" in 1875. y The first stock exchange in the country which obtained permanent recognition (in 1956) from the Government of India under the Securities Contracts (Regulation) Act 1956. y BSE is the first exchange in India and the second in the world to obtain an ISO 9001:2000 certification. y The Bombay Stock Exchange developed the BSE Sensex in 1986, giving the BSE a means to measure overall performance of the exchange.
y
Prepared by, ABHIJIT
INNOVATIONS:
y y
The BSE switched to an electronic trading system in 1995. This automated, screen-based trading platform called BSE On-line trading (BOLT) currently has a capacity of 80 lakhs orders per day. In February 2001, BSE has introduced the world's first centralized exchange-based internet trading system, BSEWEBX.co.in to enable investors anywhere in the world to trade on the BSE platform. Investor Services: BSE was the first exchange in the country to provide an amount of Rs.1 million towards the investor protection fund. It is also the first exchange in the country and second in the world to receive Information Security Management System Standard certification. BTI imparts capital market training and certification, in collaboration with reputed management institutes and universities It has become the first national level stock exchange to launch its website in Gujarati and Hindi.
Prepared by, ABHIJIT
y
y
y
y
y
INDICES:
y y y y y y y y y
BSE SENSEX (SENSitive indEX), was launched in 1986, also called the ´BSE 30··. BSE National Index (in Jan 1989). The BSE National Index was renamed BSE-100 Index from Oct14, 1996. BSE-200 Index.(27th May, 1994) DOLLEX-200 Index. (27th May, 1994) BSE-500 Index BSE-PSU Index DOLLEX-30 Index BSE TECK Index.
BSE shifted all its indices to the free-float methodology (except BSE-PSU index).
Prepared by, ABHIJIT
Thank You
Prepared by, ABHIJIT
doc_539217677.pptx