Currently India have 20 Stock Exchanges. Out of these the major stock Exchange are Bombay Stock Exchange and National Stock Exchange.
Bombay Stock exchange is the oldest Stock exchange in India. It was formed in 1855, by four Gujarati and one Parsi stockbroker. The number of brokers constantly increased. The group eventually moved to Dalal Street in 1874 and in 1875 became an official organization known as 'The Native Share & Stock Brokers Association'.
National Stock Exchange was established in 1992. NSE was started by leading Indian financial institutions at the behest of the Government of India to bring transparency to the Indian market, and has a diversified shareholding comprising domestic and global investors. The domestic investors includes LIC, GIC, State Bank of India and IDFC Ltd, while the foreign investors include MS Strategic (Mauritius) Limited, Citigroup Strategic Holdings Mauritius Limited, Tiger Global Five Holdings and Norwest Venture Partners X FII-Mauritius.
But the Question is Which is the biggest Stock Exchange of India?
National Stock Exchange is the Biggest Stock Exchange of India. NSE has 80 percent market share in the cash segment. NSE has market share of100 percent in stock futures and 95 percent in index futures.
Posted 3 years, 8 months ago by Stock Guru
Nice information. NSE introduced many advance technologies to traders. Today NSE is biggest stock exchange because of its advance technology, Speed and transperency in transactions.
Posted 3 years, 8 months ago by Rahul Rai
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