NSE
National Stock Exchange of India Limited (NSE) is the leading government owned stock exchange of India, located in Mumbai, Maharashtra. It is under the ownership of Some leading financial institutions, Banks and Insurance companies. NSE was established in 1992 as the first dematerialized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system that offered easy trading facilities to investors spread across the length and breadth of the country. Vikram Limaye is Managing Director & Chief Executive Officer of NSE.
National Stock Exchange was incorporated in the year 1992 to bring about transparency in the Indian equity markets. Instead of trading memberships being confined to a group of brokers, NSE ensured that anyone who was qualified, experienced, and met the minimum financial requirements was allowed to trade.
NSE - History
NSE's sustained leadership positions across asset classes in the Indian and global exchange sectors demonstrates the robustness and liquidity of our exchange.
NSE was incorporated in 1992. It was recognized as a stock exchange by SEBI in April 1993 and commenced operations in 1994 with the launch of the wholesale debt market, followed shortly after by the launch of the cash market segment.
Year 2019-20
- NSE launches new brand identity for NIFTY Indices.
- Proposed NSE IFSC-SGX Connect receives regulatory dispensations
- NSE EMERGE achieves 200th SME listing milestone
- NSE Commodities Segment gets recognition from CBDT
- NSE opens Centre for Behavioral Science at IIMA
- Launch of Interest Rate Options on Government of India bonds
- NSE Indices launches Nifty BHARAT Bond Index Series
- NSE declared world’s largest derivatives exchange 2019 by WFE
- NSE launches Request for Quote ( RFQ ) Platform in Debt Securities
Year 2018-19
- Launched Commodity Derivatives segment, goBidMobile app for government securities and Tri-PartyRepo of Corporate Debt-securities.
- Weekly option on NIFTY 50 was launched .
- E-voting for corporate.
- NSE derivatives access was extended to US clients
- Signs Post-Trade Technology and Strategic-partnership Agreement with Nasdaq .
- MoU with London Stock Exchange Group.
Year 2017-18
- Launched currency derivatives on Non-FCYINR pairs.
- Launched NIFTY SME EMERGE Index and 72 fixed income and three hybrid indices.
- Entered into a MOU with The Colombo Stock Exchange ( CSE ).
Year 2015-16
- Launched NIFTY 50 index futures trading on-TAIFEX.
- Launched platform for sovereign gold bondissuance.
- Launched an electronic book-building platform forthe private placement ofdebt securities.
Year 2013-14
- Launched NMF-IIplatform for mutual funds.
- Launched NBF IIsegment for interest ratefutures.
- Launched trading on-India VIX index futures.
- Commenced trading on-nifty 50 (then known asCNX NIFTY) on the Osaka-exchange.
NSE - Trading Schedule
Trading on the equities segment takes place on all days of the week (except Saturdays and Sundays and holidays declared by the Exchange in advance). The market timings of the equities segment are:
A) Pre-open session
- Order entry & modification Open: 09:00 hrs
- Order entry & modification Close: 09:08 hrs*
- Normal / Limited Physical Market Open : 09:15 hrs
- Normal / Limited Physical Market Close : 15:30 hrs
C) Closing Session
- The Closing Session is held between 15.40 hrs and 16.00 hrs
D) Block Deal Session Timings
- Morning Window : This window shall operate between 08:45 AM to 09:00 AM.
- Afternoon Window : This window shall operate between 02:05 PM to 2:20 PM.
NSE - Market segment
Market segmentation is the process of dividing a broad population into subgroups according to certain shared factors. These groups may have common demographics (age, gender, etc.), geographic location, attitudes, behaviors, or a combination of similar characteristics. Businesses perform market research to create market segments that include multiple variables. Their challenge is to find potential customers, known as their target market, that combine shared factors, making them the group that is most likely to buy their products and services.
Marketers use different segmentation strategies depending on their goals. The goal of market segmentation is to identify a target market or group of people. Market segmentation will have greater emphasis on the geographic market segments (e.g. metro areas, DMAs, states, regions, countries). Consumer segmentation is used to find out the behaviors and attitudes of those groups. Customer segmentation divides the existing customer base into separate groups. While the methods for study design, data collection, and analysis are similar, they focus on different aspects of segmentation.
Companies use different approaches to segment their markets. Here are three examples:
No segmentation
Companies use mass marketing to sell their products to everyone, using an undifferentiated strategy. For example, commodities like salt or generic items with many substitutes may not spend much effort segmenting their market.
Few segments
Firms may use one or more narrowly defined target markets to create a highly focused niche market for specialized products. Example: exclusive high fashion apparel, handmade art, or customized machinery parts.
Thousands of segments
Known as hyper-segmentation, marketers can customize a one-to-one marketing approach for each customer to develop a long-term relationship. For example, personalized services like hair salons and online retailers like Amazon offer personalized recommendations based on purchase history.
BSE
The Bombay Stock Exchange continued to operate out of a building near the Town Hall until 1928. The present site near Horniman Circle was acquired by the exchange in 1928, and a building was constructed and occupied in 1930. The street on which the site is located came to be called Dalal Street in Hindi (meaning "Broker Street") due to the location of the exchange.
BSE - History
BSE, the first ever stock exchange in Asia established in 1875 and the first in the country to be granted permanent recognition under the Securities Contract Regulation Act, 1956, has had an interesting rise to prominence over the past 143 years.
The journey of BSE is as eventful and interesting as the history of India's securities market. Following are some of the key milestones and achievements.
Year - 2018
- BSE launches its commodity derivatives segment making it India's 1st Universal Exchange
- BSE Investments Limited acquires 24% stake in CDSL Commodity Repository Limited ( CCRL )
- BSE launches ‘chat-bot’, “Ask Motabhai”, for faster, more convenient access to stock market information
- BSE building received trademark
- BSE signs MoU with Bombay Metal Exchange
- BSE StAR MF crossed 10000 Mutual Funds Distributors registrations
- BSE signs Memorandum of Understanding with Brink's India Pvt Ltd
- BSE becomes India’s first exchange to be recognized as a Designated Offshore Securities Market by the US SEC
- BSE signs an MOU with Soybean Processors Association of India ( SOPA )
- BSE to launch cross currency derivatives and cross INR options with effect from 27th February 2018
- BSE StAR Mutual Fund introduce e-mandate facility
Year - 2017
- India's Premier Stock Exchange BSE and World's largest Insurance Exchange Ebix, Inc. Sign MOU to Launch Joint Venture Company, for Setting up Pioneering Insurance Distribution Network in India
- Asia Index Private Limited launches the S&P BSE Bharat 22 Index
- BSE receives SEBI "No Objection" to act as a "Facilitator" in non-competitive bidding in the auction of Government Securities and T-Bills
- BSE wins Business World Digital Leadership and CIO Award
- BSE crosses another milestone of raising Rs.200,111 Crore via the Debt online platforms
- BSE partners with Sentifi for analyzing and reporting social media updates
- Asia Index Private Limited launches S&P BSE SENSEX Next 50 Index
- BSE becomes India's 1st listed Stock Exchange
- Honorable Prime Minister of India, Shri Narendra Modi inaugurated India International Exchange ( IFSC ) Ltd, India’s 1st International Exchange
Year - 1995
- BSE On-Line Trading (BOLT) system introduced
- Securities Appellate Tribunal (SAT) established
- Capital Issues (Control) Act repealed
- SEBI Act established
- ( An Act to protect, develop and regulate the securities market)
- S&P BSE SENSEX closes above 4000
- S&P BSE SENSEX closes above 2000
- S&P BSE SENSEX closes above 1000
- BSE Training Institute ( BTI ) inaugurated
- Investor's Protection Fund ( IPF ) introduced
- S&P BSE SENSEX , country's first equity index launched (Base Year:1978-79 =100)
- BSE granted permanent recognition under Securities Contracts (Regulation) Act ( SCRA )
- Clearing House started by Bank of India
- The Native Share & Stock Broker's Association formed.
BSE - Trading Schedule
Monday-Friday:
9:15am - 3:30pm — Trading Session
3:40pm - 4:00pm — Extended Hours
For detailed information you can visit official site - BSE market timings and holidays.
BSE - Market segment
BSE's market structure consists of four sections where each section represents a separate market with different trading rules. The following types of financial instruments ara traded in different sections:
- Securities, which represent ownership right ( cash market ),
- Debt securities ( cash market ),
- Futures and options ( derivatives market ),
- Commodities ( cash and derivatives market ).
Trading rights are obtained by the brokerage firms separately in each section, therefore the list of brokerage firms who are active in the different section may differ in each section.
Equities Section
Securities, which represent ownership right (equities, investment fund shares) are traded in the equities section. Besides these instruments also the structured products (certificates, ETFs) and special securities (compensation notes) are represented in this section.
Debt Securities Section
Debt securities are represented in the Debt Securities Section, such as government debt securities (treasury bills and government bonds), corporate bonds and mortgage bonds.
Derivatives Section
Derivatives Section of BSE is consists of futures and options contracts based on single stocks, equity indices, FX and interest rate.
Commodities Section
As a result of the BSE and BCE merge dated November 2005, there is commodity trading also on BSE, principally with grain products. Contrary to other sections spot and derivative commodity instruments are traded in one single section.
BETa Market
The BETa Market is BSE’s alternative market launched in November 2011. On this market, the largest and most liquid equities of mainly European companies can be traded under trading the conditions applied on BSE’s Equities Section. The clearing and settlement of the transactions executed on the BETa Market is done by KELER Ltd., and KELER CCP Ltd. guarantees the transactions.
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