In 1986, Sensex was introduced, as the first equity index to provide a base for identifying the top 30 trading companies of the exchange
It ranks amongst the top 10 most valued exchanges globally
It offers trading in equities, derivatives and Commodities
National Stock Exchange(NSE)
It was incorporated in 1992, become recognized as a stock exchange in 1993, and trading began on it in 1994
It was the first stock exchange on which trading took place electronically
In the year 1995-96, NSE launched NIFTY 50 Index and commenced trading and settlement in dematerialised securities
Multi-Commodity Exchange (MCX)
MCX is one of the largest commodity exchanges in the country
These are predominantly used by hedgers, traders, businessmen and even by companies,
But commodities market is yet to make a mark, like equities market.
National Commodity and Derivatives Exchange(NCDEX)
NCDEX is another largest commodity exchanges in the country, which started its operations around the same time as MCX.
NCDCEX, unlike MCX, only offers Agri products for trading
India International Exchange (India INX)
Opened in January 2017, India INX is India’s first international stock exchange
It is also a subsidiary of BSE and is located at the International Financial Services Centre (IFSC), GIFT City in Gujarat
Currently, INX offers only derivative products including equity, currency and commodities derivatives and debt instruments including masala bond and foreign currency bond
NSE IFSC Limited (NSE International Exchange) incorporated on 29th November 2016, is a wholly owned subsidiary of the National Stock Exchange (NSE) and is located at the International Financial Services Centre (IFSC), GIFT City in Gujarat.
Products offerings are similar to India INX.
Indian Commodity Exchange (ICEX)
ICEX is a commodity derivative exchange in India. Registered with SEBI, it is a permanent exchange and the only exchange that offers derivatives trading in diamond contracts
In addition to diamond contracts, ICEX also offers agri derivatives including spices, oilseeds, plantations, and cereals
Calcutta Stock Exchange (CSE)
CSE which started under Neem Tree in 1830s has come a long way now. It is among the oldest stock exchange and was once considered among the largest stock exchanges in the country
In the year 1980, it was granted permanent recognition by the Government of India under the relevant provisions of the Securities Contracts (Regulation) Act, 1956.
CSE also had an index called CSE-40
Metropolitan Stock Exchange (MSE)
The Exchange was notified as a ‘Recognized Stock Exchange’ under the Companies Act by the Ministry of Corporate Affairs on December 21, 2012.
MSE products are similar to any other stock exchange. It offers futures options, currency derivatives, and debt market instruments.