Browse Definitions :
Definition

National Stock Exchange (NSE) of India

The National Stock Exchange (NSE) is a stock exchange in India.

Set up in November 1992, NSE was India's first fully automated electronic exchange with a nationwide presence. The exchange, unlike Bombay Stock Exchange (BSE), was the result of the recommendations of a high-powered group set up to study the establishment of new stock exchanges, which would operate on a pan-India basis. Its shareholders consist of 20 financial institutions including state-owned banks and insurance companies.

Headquartered in Mumbai, NSE offers capital raising abilities for corporations and a trading platform for equities, debt, and derivatives --  including currencies and mutual fund units. It allows for new listings, initial public offers (IPOs), debt issuances and Indian Depository Receipts (IDRs) by overseas companies raising capital in India.

S&P CNX Nifty is the benchmark index introduced by NSE. Some of its other indices are CNX Nifty Junior, India VX, S&P CNX Defty, S&P CNX 500, etc. The exchange offers clearing and settlement services through its wholly-owned unit, the National Securities Clearing Corporation set up in 1995. The other main subsidiaries/ associate companies of NSE include the National Commodity Clearing, National Securities Depository (which is the repository of all securities in electronic form), and National Commodity and Derivatives Exchange.

 

This was last updated in September 2012

Continue Reading About National Stock Exchange (NSE) of India

SearchCompliance
  • OPSEC (operations security)

    OPSEC (operations security) is a security and risk management process and strategy that classifies information, then determines ...

  • smart contract

    A smart contract is a decentralized application that executes business logic in response to events.

  • compliance risk

    Compliance risk is an organization's potential exposure to legal penalties, financial forfeiture and material loss, resulting ...

SearchSecurity
  • COBIT

    COBIT is an IT governance framework for businesses wanting to implement, monitor and improve IT management best practices.

  • email spam

    Email spam, also known as junk email, refers to unsolicited email messages, usually sent in bulk to a large list of recipients.

  • security policy

    A security policy is a document that states in writing how a company plans to protect its physical and information technology (IT...

SearchHealthIT
SearchDisasterRecovery
  • What is risk mitigation?

    Risk mitigation is a strategy to prepare for and lessen the effects of threats faced by a business.

  • change control

    Change control is a systematic approach to managing all changes made to a product or system.

  • disaster recovery (DR)

    Disaster recovery (DR) is an organization's ability to respond to and recover from an event that affects business operations.

SearchStorage
  • JBOD (just a bunch of disks)

    JBOD, which stands for 'just a bunch of disks,' is a type of multilevel configuration for disks.

  • bare-metal restore

    A bare-metal restore (also referred to as bare-metal recovery or bare-metal backup) is a data recovery and restoration process ...

  • mSATA SSD (mSATA solid-state drive)

    An mSATA SSD is a solid-state drive (SSD) that conforms to the mSATA interface specification developed by the Serial ATA (SATA) ...

Close