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Definition: National Stock Exchange
NSE is India’s largest financial market located at Mumbai established in 1992. NSE ranks third in the worlds ranking of transacted volumes. It deals in the transaction of debts, equities and the markets of derivatives. It is the stock exchange which uses NIFTY as its index. Nifty consists of the weighted average of 50 companies of India in various sectors.
It was the first in the country to start with demutualized electronic exchange. It provided with modern fully automated screen – based electronic system of trading. This move eased the trading facility for investors across the country.
Various markets NSE trades in are as follows:
Exchange Traded Funds
Interest Rate Futures
Initial Public Offerings
Security Lending and Borrowing Scheme
Also following trading schedule is followed at NSE: