History Of Indian Stock Market Exchange - Finance
In the mid of 18th century, British East India Company established the Stock Exchange in India. In 1860, trade with 60 runners and it went very well, in 1874 with the participation of fast-commerce business development, riders gathered in a street (now known as "Dalal Street") to transact business. In 1946, India had only seven exchanges, in 1995 there was 22 exchanges.
Exchanges are organized market, either company or mutual organization, where members of the organization meet to negotiate shares in companies and other securities. The Overall Indian Stock Market have 23 exchanges spreaded all over India, in them two stock exchanges are more powerful, they are BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).
BSE, Bombay Stock Exchange established in 1875, and made a list of 4,700 companies. BSE is the oldest exchange in Asia, another name of BSE is BSE-30. BSE index is managed by top ranked 30 companies and the majority of Indian investors and foreign investors are investing their money in the BSE. All activities performed by BSE is under the rules and regulations of SEBI. The values of all BSE indices are updated in real time during market hours and displayed through the BOLT system, the website of BSE and the news agencies. All indices of BSE were reviewed by the BSE Index Committee. The negotiation timingin BSE is from 9 am to 3:30 pm and can be traded only from Monday to Friday.
NSE, National Stock Exchange established in 1992 and made a list of 1587 companies. NSE consists major indexes like the S&P CNX Nifty Junior, CNX Nifty, S&P CNX 500. It's the biggest Stock Exchange in India in terms of daily operations and thehopes that largest exchange in India in terms of billing and market capitalization. NSE is a complete set of financial institution, insurance companies, banks and other financial institutions, but the all rules and regulations are handled by NSE committee. NSE is the third largest exchange worldwide in terms of the number of equities and tradeoperations; it is the second fastest growing stock exchange worldwide with a recorded growth of 16.6%. NSE comprised of five major markets and they are Futures and Options market, equity, Retail & debt, wholesaledebt and Currency Future market. The timing of NSE in negotiating is from 9 am to 3:30 pm and can be traded only from Monday to Friday.
Apart from NSE and BSE, some other Exchanges are also present in the Indian stock market has been known as a regional exchange named as Madras, Delhi, Jaipur, etc. In India there are some other Exchanges too, which are totally different with these stock exchanges known as MCX, NCDEX exchange.
About Spider Software
Spider Software Pvt Ltd is a pioneer in developing Real Time and End of Day technical analysis software for stock market traders in India. Through our persistent innovation and smarter ways to provide unswerving Real Time technical analysis software, we have been able to develop one of the most equipped and accurate platforms in the field of stock market trading analysis.