There are 28 official stock exchanges (SE) in India. The largest exchanges in India are Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) Here are the names of others:
- Calcutta SE
- Cochin SE
- Inter-connected SE of India
- Multi-Commodity Exchange of India
- OTC Exchange of India
- Pune SE
- National Commodity and Derivative Exchange
- U.P. SE
- Vadodara SE
- Canara SE
- Ludhiana SE
- M.P. SE
- Coimbatore SE
- Madras SE
- Meerut SE
- Over the counter Exchange of India
- Ahmadabad SE
- Trivandrum SE
- Bangalore SE
- Bhubaneswar SE
- Delhi SE
- Guwahati SE
- Hyderabad SE
- Jaipur SE
- Magadh SE
Largest Stock Exchanges of India
1) The Bombay Stock Exchange (BSE)
- It is located in Mumbai
- It was established in 1875
- BSE was founded by Premchand Roychand.
- The BSE is the World’s 10th largest stock exchange
- Market Capitalization of BSE is more than $ 2.3 trillion on as of April 2018
- 5500 companies are listed on BSE
Important Indices of Bombay Stock Exchange
BSE SENSEX : The BSE SENSEX (also known as the S & P Bombay Stock Exchange Sensitive Index or simply SENSEX) is a free-float-market-weighted stock market index of 30 well- established and financially sound companies listed on Bombay Stock Exchange.
Other: S & P BSE SmallCap ,S & P BSE MidCap ,S & P BSE LargeCap ,S & P BSE 500
2) The NATIONAL STOCK EXCHANGE OF INDIA (NSE)
- It is located in Mumbai
- It was established as the first demutualized electronic exchange in India in 1992
- It is the world’s 11th-largest stock exchange
- Total Market Capitalization is more than $ 2.27 Trillion as of April 2018
- 1952 companies are listed on NSE
Important Indices of NSE
NIFTY 50 : The NIFTY 50 index is National Stock Exchange of India’s benchmark broad based stock market index for the Indian equity market. It represents the weighted average of 50 Indian stocks in 12 sectors.
Other: NIFTY NEXT 50,NIFTY 500
Who regulates these exchanges?
- The Indian Capital Markets are regulated and monitored by the Ministry of Finance, The SEBI, and The Reserve Bank of India
- The Securities & Exchange Board of India (SEBI) is the regulatory authority established under the SEBI Act 1992 and is the Principal regulator for Stock Exchanges in India.
- SEBI’s primary functions include protecting investor interests, promoting and regulating the Indian securities markets.