Various stock exchanges in India

  • Bombay Stock Exchange (BSE)
    • BSE is the oldest stock exchange in Asia
    • 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
    • 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.

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