About National Stock Exchange (NSE)

There are two major stock exchanges in India named Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) situated in Mumbai, India both are responsible for majority of share transactions. NSE is mutually owned by a set of leading banks, financial institutions, insurance companies and other financial intermediaries in India but its ownership and management operate as separate entities. The National Stock Exchange was established by Indian Government on the recommendation of Pherwani Committee in 1991. In April 1993, it was recognized as a stock exchange under the Securities Contracts (Regulation) Act., 1956. NSE has started operations in the Wholesale Debt Market (WDM) segment in June 1994. The Capital Market segment of the NSE started operations in November 1994, while operations in the Derivatives segment started in June 2000.The NSE's key index is the S&P, CNX Nifty, now known as the NSE NIFTY (National Stock Exchange Fifty), an index of fifty major stocks weighted by market capitalization. Since NSE starts its operations, NSE is the third largest stock exchange in the world in terms of the number of contracts traded in equity derivatives. It is the second fastest growing stock exchange in the world with a recorded growth. NSE also conducts online examination and awards certification, under its different program’s of NSE's Certification in Financial Markets (NCFM) for professionals to start their career in stock market there are many private institutes and training centers which provides the education and training for preparation of NSE’s Modules as well practical training of trading in stock market which helps the students to start their career in stock market and also provide the awareness in general public, investors and traders