As we all know the online share market of India has shown a tremendous growth in the last years and is predicted to emerge as one of the big players in the international arena soon. The growth of the Indian share market has encouraged investors to invest in the market. To make your investment to fetch better returns, as an investor you should be concerned about the history of the online share market in India.
Most of the tradings in our country is performed through
three stock exchanges and as an investor in the share market you should be
aware of the function and origin of these stock exchanges. If you are new to
the stock market and you are in search for a trusted broker firm then it's the
right time to get expert advice from Goodwill. Goodwill offers the lowest
brokerage fee in the market and also assists you to improve your trading skills
by providing relevant market updates.
Now, let's have a look at the history of the three major
stock exchanges in India:
1. Bombay Stock Exchange (BSE):
Established in the year 1875, Bombay Stock
Exchange is the oldest stock exchange in Asia. This Indian stock exchange
located in Dalal street is the ninth largest stock exchange with an overall
market capitalization estimated more than 2 billion Indian rupees. In the year 1995, BSE switched its mode of
trading in to an electronic form. The stock market index on BSE is referred as
SENSEX. The stock market index of BSE is measured to be 30 as it is a free
float market cap weighted index with top 30 companies.
2. National Stock Exchange (NSE):
NSE is the one of the leading government owned
stock exchange of India located in Mumbai. Established in the year 1992, NSE is
the first dematerialized electronic exchange in the country. NSE has achieved a
total market capitalization of more than US$3 trillion by making it as the
world's ninth largest stock exchange. The stock market index of NSE is NIFTY
and it is a free float market cap weighted index with a compromising shares of
50 companies.
3. Multi Commodity Exchange (MCX):
Introduced in the year 2003 by the honorable Government of
India, this institution resides in Mumbai. Multi Exchange Commodity is an
independent Indian Government owned commodity exchange which is under the
ownership of the Indian Ministry of Finance. MCX is India's largest commodities
derivatives exchange in India. In terms of number of future contracts traded
through MCX, it was considered as one of the top global commodity exchanges.
TRADE YOU SAVINGS:
These are the three major stock exchanges through
which an investor would perform their trading. Monitored by the Government of
India, these stock exchanges are regulated by the Ministry of Finance, SEBI and
The Reserve Bank of India. These regulators monitor the growth and development
of the securities market.
If you are beginner to the stock market and
require guidance to perform your trade efficiently, seek the help from
Goodwill. Goodwill has been acknowledged as a trust-worthy brokerage firm in
India and offers expert guidance to their valuable investors to help them
choose the best performing stocks in the market. Stay connected with Goodwill Facebook Page and get instant live updates on your stocks.
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