Changes

The '''National Stock Exchange of India Limited or S&P CNX NIFTY''' ('''NSE'''), is a [[Mumbai]]-based [[stock exchange]]. It is the largest stock exchange in [[India]] in terms of daily turnover and number of trades, for both equities and derivative trading.<ref>[http://www.nasscom.in/Nasscom/templates/NormalPage.aspx?id=28461 National Stock Exchange<!-- Bot generated title -->]</ref>. Though a number of other exchanges exist, NSE and the [[Bombay Stock Exchange]] are the two most significant stock exchanges in India, and between them are responsible for the vast majority of share transactions. The NSE's key index is the [[S&P CNX Nifty]], known as the Nifty, an index of fifty major stocks weighted by market capitalisation.

The '''National Stock Exchange of India Limited or S&P CNX NIFTY''' ('''NSE'''), is a [[Mumbai]]-based [[stock exchange]]. It is the largest stock exchange in [[India]] in terms of daily turnover and number of trades, for both equities and derivative trading.<ref>[http://www.nasscom.in/Nasscom/templates/NormalPage.aspx?id=28461 National Stock Exchange<!-- Bot generated title -->]</ref>. Though a number of other exchanges exist, NSE and the [[Bombay Stock Exchange]] are the two most significant stock exchanges in India, and between them are responsible for the vast majority of share transactions. The NSE's key index is the [[S&P CNX Nifty]], known as the Nifty, an index of fifty major stocks weighted by market capitalisation.

 

NSE is mutually-owned by a set of leading financial institutions, banks, insurance companies and other financial intermediaries in India but its ownership and management operate as separate entities<ref>[http://www.geocities.com/kstability/student/illiquid/illiquid2.html Personal website of R.Kannan<!-- Bot generated title -->]</ref>. As of 2006, the NSE VSAT terminals, 2799 in total, cover more than 1500 cities across India <ref>[http://www.nse-india.com/content/us/us_factsfigures.htm NSE - About Us - Facts & Figures<!-- Bot generated title -->]</ref>. In October 2007, the equity [[market capitalization]] of the companies listed on the NSE was [[dollar|US$]] 1.46 [[trillion]], making it the second largest stock exchange in [[South Asia]]. NSE is the third largest Stock Exchange in the world in terms of the number of trades in equities.<ref>[http://www.world-exchanges.org/WFE/home.asp?menu=28] "World Federation of Exchanges (2007)"</ref>It is the second fastest growing [[stock exchange]] in the world with a recorded growth of 16.6%.<ref>[http://www.expressindia.com/news/fullstory.php?newsid=91524 Now, NSE 2nd fastest growing stock exchange<!-- Bot generated title -->]</ref>

NSE is mutually-owned by a set of leading financial institutions, banks, insurance companies and other financial intermediaries in India but its ownership and management operate as separate entities<ref>[http://www.geocities.com/kstability/student/illiquid/illiquid2.html Personal website of R.Kannan<!-- Bot generated title -->]</ref>. As of 2006, the NSE VSAT terminals, 2799 in total, cover more than 1500 cities across India <ref>[http://www.nse-india.com/content/us/us_factsfigures.htm NSE - About Us - Facts & Figures<!-- Bot generated title -->]</ref>. In October 2007, the equity [[market capitalization]] of the companies listed on the NSE was [[dollar|US$]] 1.46 [[trillion]], making it the second largest stock exchange in [[South Asia]]. NSE is the third largest Stock Exchange in the world in terms of the number of trades in equities.<ref>[http://www.world-exchanges.org/WFE/home.asp?menu=28] "World Federation of Exchanges (2007)"</ref>It is the second fastest growing [[stock exchange]] in the world with a recorded growth of 16.6%.<ref>[http://www.expressindia.com/news/fullstory.php?newsid=91524 Now, NSE 2nd fastest growing stock exchange<!-- Bot generated title -->]</ref>