List Of Stock Exchanges In India, For the newbie who is unversed in the Indian stock market and thus finds pieces such as this one technical, a stock exchange is a marketplace for purchasing and selling securities such as stocks and bonds. Bonds are typically traded over-the-counter (OTC), but some corporate bonds are traded on stock exchanges.
Stock exchanges enable companies to raise capital and investors to make informed decisions using real-time price information. Businesses can take the form of a physical location or an electronic trading platform. Though most people associate trading floors with the image of a trading floor, many exchanges now use electronic trading; this makes a stock market an assortment of markets or exchanges that facilitates the buying and selling of the shares of publicly traded companies.
Now, even amongst investors, some are familiar with investment opportunities that India abounds with. However, this category includes investors who aren’t fully apprised of the stock exchanges in India. This situation precludes them from going all out to take advantage of opportunities when they present themselves. Therefore, we will take the time to provide investors—those familiar with the Indian Stock Market and those who aren’t—with a summary of the Indian Stock Market.
Having been fully equipped with information regarding the stock exchange and how it works, it is still essential to take into account the possibility that an investor (or a potential one) is having a hard time deciding on the appropriate market for them and to help with this, we have assembled an array of the stock exchanges in India to choose from.
The Indian stock exchanges are limited to many investors in the Bombay Stock Exchange (BSE) and the National Stock Exchange. However, there are many stock exchanges in India,
most of which are relatively unknown because many potential investors are either unaware of many other stock exchanges or aren’t sufficiently knowledgeable about the concept of the stock exchange and what it entails. Another issue to factor in is that India’s exchanges constitute a little below 2.2% of the general global market capitalization, according to the Economic Times in January 2020.
Stock Exchanges in India
Below is provided a list of stock exchanges in India for investors to choose from. These stock exchanges are:
This is widely known as the foremost Indian stock exchange. It was founded in 1875, making it one of the oldest stock exchanges in the southern part of Asia. It is also noted to be the tenth amongst the oldest stock exchanges in the world. In the grand scheme of global stock exchanges, the BSE ranks high, considered the ninth most significant stock exchange globally.
It is valued to be worth a little above $2963.96 billion. All transactions that have to do with the money in the BSE are carried out through an electronic trading system. People who wish to make market orders do so online and do not require external pundits. To trade in BSE, one must go through a brokerage agency.
List Of Stock Exchanges In India, The National Stock Exchange is driven by the dreams of millions of investors in India. It was created in 1992 and is widely regarded as the first stock exchange in India to devolve stock exchange on electronic trading forums for investors. And, unlike most stock exchanges, NSE is not solely based in Mumbai, making it readily accessible to investors who may not want to go to the trouble of traveling to the big old city.
The consensus on their website about their vision reads: “India today is brimming with potential. At NSE, we are driven by this ambition that makes India charge ahead and take a more prominent global position. Our ambition gives us direction. It pivots and propels us. It is the leap we take from today, towards a brighter tomorrow.”
The value of the National stock exchange, going by the share price in February 2021, was $2.8 trillion.
The Calcutta Stock Exchange is situated at the Lyons Range, Kolkata, India. It is the first government-owned stock exchange in all of Asia. Established in December 1863, it operated out of a rented space on No. 11 Strand Road and boasted of having the sixteen leading shareholders in Calcutta at the time.
In recent times, the exit policy of SEBI has threatened the existence of the Calcutta Stock Exchange, yet it continues to hold its ground and keep its head above the water. The present building where it is headquartered was erected in 1928. In 1980, the Calcutta Stock Exchange was given permanent recognition by the Government of India. In 2013, the Calcutta Stock Exchange experienced a halt in trading on C-STAR and had been struggling quite a bit to remain relevant due to the advent of rigorous forms of regulation.
Insiders believe the CSE to be a demutualized and a professionally conducted stock exchange that allows its members to trade on other businesses such as the BSE and NSE.
The Indian International Exchange is relatively new. It was created in 2017 and is known as the first stock exchange of international standards operating out of India. It was established in Gujarat International Finance Tec-City and is also an offshoot of BSE.
As a stock exchange used internationally, the India INX aspires to provide stocks from the US, Canada, the UK, Europe, Australia, and Japan, which spans more than 80 percent of the investing sphere. It works on EUREX, an advanced platform for technology, and is widely considered the fastest exchange in the world in that it boasts a turn-around time of 4 microseconds.
It is peon for six days every week, and for 22 hours every day. Its timings allow investors to trade from all over the world conveniently.
The Metropolitan Stock Exchange of India is owned by the Indian Government, controlled by the Ministry of Finance, Government of India. It became a legal corporation on 7th November 2008, and in January 2009, it was given the go-ahead to carry out clearing and settlement duties of trades.
The shareholders of MSE are reckoned to be among India’s high-ranking public sector banks and local financial institutes. It has over 1,500 plus companies that are currently open for trading. Presently, it is headquartered in Mumbai, Maharashtra, but has other branches elsewhere. You can find their market indices on their official website.
The NSE IFSC Ltd (NSE International Exchange) is also a reasonably new stock exchange. It gained traction in 2016, an offshoot of the National Stock Exchange (NSE), approved by SEBI, the Securities and Exchange Board of India, to carry out the international financial exchange. It has its headquarters in Gujarat International Finance Tec-City and also has branches elsewhere.
In addition, NSE IFSC Limited has the added privilege of offering lengthier exchange days instead of what is permissible for stock exchanges that operate out of India.
In India, the first IFSC is in GIFT City, where exchange and financial activities are carried out with an unrivaled tax structure. Some of the upsides of trading with IFSC are that traders are exempt from paying security transaction tax and are given tax waivers for their capital gain.
The Stock Exchange Ahmedabad (ASE) is the second most ancient Indian stock exchange in the western part of the country, located in Ahmedabad. The Indian Government entirely owns it. It is recognized as a permanent stock exchange under the Securities Contract (Regulations) Act of 1956.
The Swastika is a logo that depicts wealth and prosperity as one of the most auspicious symbols of Hinduism. The SEBI authorized the bursary to exit the stock market in Ahmedabad in April 2018. According to the agreement, ASE will cease its operations and change its name to delete the phrase’ share exchange.’
The OTC Exchange of India (OTCEI) is based in Mumbai, Maharashtra, and the Over-the-Counter Exchange of India. The Government of India owns it, the Ministry of Finance. Based on the screen, it is India’s first small enterprise exchange and India’s first national stock exchange.
OTCEI has been established to provide high-tech entrepreneurs with cost-effective access to funding for new product development and to provide investors with a transparent and effective trading system.
ISE is an Indian national government-owned stock exchange that provides trade, clearance, settlement, risks, and supervisory support to its trading members. The Government of India owns it, the Ministry of Finance. In 1998 in Vashi, Mumbai, it began operations and has about 841 commercial members in 18 towns. These intermediaries are supported by the Delhi, Kolkata, Patna, Ahmedabad, Coimbatore and Nagpur, and Mumbai regional offices.
ISE is an Indian national government-owned stock exchange that provides trade, clearance, settlement, risks, and supervisory support to its trading members. The Government of India owns it, the Ministry of Finance. In 1998 in Vashi, Mumbai, it began operations and has about 841 commercial members in 18 towns.
These intermediaries are supported by the Delhi, Kolkata, Patna, Ahmedabad, Coimbatore, Nagpur, and Mumbai regional offices. It is a trusted forum for trading and has mostly existed without controversies.
Saurashtra Kutch Stock Exchange Limited is one of the three Indian stock markets in Gujarat, popularly referred to as the Stock Exchange or SKSE. It’s in Sadar Bazaar, Rajkot, India. The company was incorporated in July 1989 and recognized by the Government in India.
Saurashtra Kutch Stock Exchange Ltd. The Central Government and SEBI have occasionally renewed their recognition. The Government of India owns it, the Ministry of Finance.
The United Stock Exchange of India (USE) is an Indian government-owned stock exchange. It is the 4th pan Indian exchange launched for trading financial instruments. USE demonstrates the pact of 21 Indian public sector banks, private banks, international banks (Standard Chartered), and corporate organizations to build an institution of repute.
The stock exchanges in India aid in the discovery of fair prices for publicly traded securities. Unrelenting trading of securities aids in determining the cost of listed securities.
The availability of capital is critical to a country’s industrialization. This is ensured by Indian stock exchanges, which allow the general public to invest directly in companies.
The stock exchanges establish rules for the operation of listed entities. Companies must strictly follow these standards to protect the interests of investors who have funded the operations. Any major decision made by the company must be brought to the attention of the stock exchange.
Investors in certain bonds, such as sovereign gold bonds (SGBs), will be able to sell their holdings on stock exchanges if they do so before the lock-in period or maturity date.
The existence of stock exchanges has assisted listed companies in avoiding the need for a loan by raising capital through the issuance of securities.
This has allowed them to save a significant amount of money in the form of regular interest payments.
List Of Stock Exchanges In India, Stock exchanges are undoubtedly one of the essential constituents of the capital market in any country considered. However, only a few percent of the Indian economy saves and invests in the domestic stock market. But with the increasing GDP that is more than 7% annually, and considering a stable financial market shortly, it is expected that more and more Indians will start investing.
As an investor or someone who wants to invest potentially, it is essential to note that a practical way to take advantage of emerging markets is to invest in the Indian stock market. It is also a way of making your portfolio a lot more diverse, mainly if you are keen on purchasing foreign stocks.