Comparison chart Differences — Similarities —. Formation The National Stock Exchange of India was promoted by leading financial institutions at the behest of the Government of India, and was incorporated in November as a tax-paying company. Company profile. Copies of the Annual Report for last 3 years. Copies of the Draft Offer Document. Follow Share Cite Authors. Anonymous comments 3 December 13, , am It helped me a lot Thank you — It is located in Mumbai, Maharashtra.
Bombay Stock Exchange is the second-largest exchange in India. BSE is also one of the oldest stock exchanges of India, with a total of companies, which makes it the third exchange system worldwide to hold that many companies.
However, this was not the first electronic trading system in the country. NSE launched the first automated electronic trading system in The role of BSE in the security market is to act as the first-level regulator. It provides monitoring services, which reduces the risk of any irregularities or errors in stock prices. Later in , BSE was moved to Dalal street and is considered to be the first-ever stock market to receive permanent recognition from the Indian government under the Securities Contract Regulation Act of Its implementation came into the picture in the year that is now popularly the measurement factor to administer the activities of the prices associated with the shares invested in the stock market.
They calculate the Sensex value daily by dividing the average stock market value of the respective 30 companies available in the index, with the index divisor that deals with the actual base period.
BSE had certain flagship services, some of which are the Equity derivatives and the Free-float index. BSE adopted the online or virtual trading system with the help of technology and the internet. BSE also focuses on imparting financial training and stock marketing knowledge to the investors by organizing training workshops, awareness campaigns, and informative articles.
It is efficient in eliminating the inappropriate matches and the risks related to the settlement. Investor Protection Fund — The Investor Protection Fund was brought into action in the year to safeguard the investors from the defaulting members.
Usually, the trustees and higher authorities who are appointed by the stock exchange handle the funds. The members provide their contribution to the funds. It ensures the protection of the investors and assures the security of the mechanism of the capital market.
The Bombay Stock Exchange even facilitates assistance in the form of finance to the investors, and it can be up to 1 crore. They have set up several centers for Investor Assistance in various cities of India that includes conducting seminars, workshops, guest lectures, and spreading awareness about trading. The BSE has indulged in several collaborations with the financial organizations and management institutions to widespread its awareness program. The vision of the Bombay Stock Exchange is to be the provider of knowledge of financial as well as leadership learning in the world.
It tries to achieve it by pioneering and facilitating the dissemination of knowledge for the improvement and enhancement of skills of the professionals.
The mission of BSE includes the promotion of an open learning platform that aims to bring people together and allow the exchange of ideas, thoughts, and cultures from around the entire world, transforming the lives of individuals as well as organizations through innovative educational platforms and programs. The BSE aims to build responsible leaders, thoughtful entrepreneurs who provide value and strength to their respective organizations as well as their society.
However, after , Government of India recognized this stock exchange as the premier stock exchange of India, under the Securities Contract Regulation Act, SENSEX was also introduced in as the first ever equity index of India to offer an identifying base for top 30 exchange trading companies.
What is NSE? It first came into existence in and brought with it an electronic exchange system in India, which led to the removal of the paper based system. National Stock Exchange became a stock exchange recognized company by , and in , it was incorporated as a tax paying company under Securities Contracts Act,
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