Bombay Stock Exchange (BSE)
BSE is located at Dalal Street, Mumbai. It is the oldest and the first stock exchange
in Asia. It was established in 1875 and was formerly known by the name of –The
Native Share & Stock Brokers Association.In 1986, Sensex was introduced as the
first equity index. This is to provide a base for identifying the top 30 trading
companies of the exchange in more than 10 sectors.
Apart from Sensex, other important indices of Bombay Stock Exchange include
BSE 100, BSE 200, BSE 500, BSE MIDCAP, BSE SMLCAP, BSE PSU, BSE
Auto, BSE Pharma, BSE FMCG, and BSE Metal. As of October 19, 2021, BSE
has an overall market capitalization of over Rs 118.80 crore. It ranks amongst the
10 most valued exchanges globally. BSE also came out with an IPO and is listed in
NSE.
Its product offerings include equities, equity derivatives, commodities and
currency derivatives.
National Stock Exchange (NSE)
While NSE is young when compared to BSE, it is still one of the largest exchanges
in the country. NSE came into the picture in the year 1992 with Vikram Limaye as
its CEO.
It was recognised as a stock exchange by SEBI in 1993 and commenced operations
in 1994. It started with the launch of the wholesale debt market, followed shortly
after by the launch of the cash market segment.
In the year 1995-96, NSE launched the NIFTY 50 Index and commenced trading
and settlement in dematerialised securities. Nifty lists out the top 50 companies
which traded on the NSE stock exchange market.
Apart from Nifty, other key indices of NSE include Nifty Next50, Nifty500, Nifty
Midcap150, Nifty Smallcap250 and Nifty MidSmallcap 400.National Stock
Exchange expanded its product offerings as well. Among other services such as
clearing and settlement, it also offers equity and equity derivatives instruments,
commodities and currency derivatives.
Explanation for
NSE BSE
the difference
The largest stock exchange in India is Not only is the Bombay Stock
called the National Stock Exchange, or Exchange (BSE) the oldest and first
Brief NSE. In India, they introduced in the stock exchange in Asia, but it was
totally computerized, screen-based, also the first in India. They provide
automated trading system. their clients with fast trading.
Although the Central Government of
Date of Although this institution was established India was the first to acknowledge
Establishment in 1992, recognition came about in 1993. the BSE as a premier stock market,
the exchange was founded in 1875.
As a result, BSE is ranked tenth out
Among the largest stock exchanges of the largest stock exchanges
Ranking
worldwide, NSE is ranked eleventh. worldwide. However, with NSE
taking over, this status is under risk.
As the benchmark index for the
Out of the more than 1600 stocks that are
BSE, SENSEX keeps track of the
Benchmark listed on the NSE, the 50 biggest and
top 30 largest and most popular
Index most liquid equities are tracked by the
companies listed on the BSE. It is
NIFTY 50 benchmark index.
the nation’s first equity index.
The NSE network covers more than 1500 On the other hand, just 450 cities
Network
cities. make up the BSE network.
Companies Approximately 5300 companies are listed There are about 5800 listed
Listed on the NSE. companies on the BSE.
Compared to BSE, NSE trades more The liquidity of BSE is lower than
Liquidity
volume, which results in higher liquidity. that of NSE.
Market NSE’s market capitalization is $2.27 BSE has a market value of
Capitalization trillion USD. approximately USD 2.3 trillion.
Securities lending and borrowing
schemes, corporate bonds, equity, Equity, Money, Exchange-Traded
currency, mutual funds, traded funds, Funds, Mutual Funds, Commodity
Products
initial public offerings (IPOs), Derivatives, Corporate Bonds, IPO,
institutional placement programs (IPPs), Offer for Sale
and offer for sale
“Become the leading Indian stock
“Remain a leader, make a name for exchange through the introduction of
Vision yourself internationally, and help people world-class technology, product
with their financial well-being.” innovation, and customer service
practices.”
