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hi plz tell me wat is NSE and BSE stands for ?? and also wat is d difference b/w sensex and nifty? thanx in advance

hi


plz tell me wat is NSE and BSE stands for ??


and also wat is d difference b/w sensex and nifty?


thanx in advance

Grade:Upto college level

1 Answers

Vijay Luxmi Askiitiansexpert
357 Points
15 years ago

National Stock Exchange

The National Stock Exchange of India Limited (NSE), is a Mumbai-based stock exchange. It is the largest stock exchange in India and the third largest in the world in terms of volume of transactions. 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.

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]. As of 2006, the NSE VSAT terminals, 2799 in total, cover more than 1500 cities across India . In October 2007, the equity market capitalization of the companies listed on the NSE was US$ 1.46 trillion, making it the second largest stock exchange in South Asia, behind the Bombay Stock Exchange, and the eleventh largest in the world.

Indices

NSE also set up as index services firm known as India Index Services & Products Limited (IISL) and has launched several stock indices, including:
* S&P CNX Nifty
* CNX Nifty Junior
* CNX 100 (= S&P CNX Nifty + CNX Nifty Junior)
* S&P CNX 500 (= CNX 100 + 400 major players across 72 industries)
* CNX Midcap (introduced on 18 July 2005 replacing CNX Midcap 200)

Bombay Stock Exchange

The Bombay Stock Exchange was established in 1875. There are around 4,800 Indian companies listed with the stock exchange, and has a significant trading volume. The BSE SENSEX (SENSitive indEX), also called the "BSE 30", is a widely used market index in India and Asia. Though many other exchanges exist, BSE and the National Stock Exchange of India account for most of the trading in shares in India.

The BSE SENSEX (also known as the BSE 30 index) is a value-weighted index composed of thirty scrips, with the base April 1979 = 100. The set of companies which make up the index has been changed only a few times in the last twenty years. These companies account for around one-fifth of the market capitalization of the BSE.

The Bombay Stock Exchange Limited is the oldest stock exchange in Asia. It is located at Dalal Street, Mumbai, India. In October 2007, the equity market capitalization of the companies listed on the BSE was US$ 1.61 trillion, making it the largest stock exchange in South Asia and the tenth largest in the world.

Apart from BSE SENSEX, which is the most popular stock index in India, BSE uses other stock indices as well:

* BSE 500
* BSE 100
* BSE 200
* BSE PSU
* BSE MIDCAP
* BSE SMLCAP
* BSE BANKEX
* BSE Teck
* BSE Auto
* BSE Pharma
* BSE Fast Moving Consumer Goods (FMCG)
* [[BSE Consumer Durables (SYMBOL: Cons Dura)]]
* BSE Metal

difference b/w sensex and nifty

The Sensex is an indicator of all the major companies of the BSE.

The Nifty is an indicator of all the major companies of the NSE.

If the Sensex goes up, it means that the prices of the stocks of most of the major companies on the BSE have gone up. If the Sensex goes down, this tells you that the stock price of most of the major stocks on the BSE have gone down.

Just like the Sensex represents the top stocks of the BSE, the Nifty represents the top stocks of the NSE.                                        

ALL D BEST !!!!!!

 

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