If you’re wondering which is the largest stock exchange in India, let us tell you that the National Stock Exchange (NSE) is the biggest stock exchange in India. When it comes to market capitalization, it is also the eleventh largest stock exchange in the world.
At NSE, you can trade in seven market categories, including equity, futures and options (F&O), mutual funds, the wholesale debt market, the retail debt market, currency derivatives, and lending and borrowing of shares. Established in November 1992, its headquarters is located in Mumbai.
After receiving recognition as a stock exchange by SEBI, trading operations commenced in 1994. NSE also holds the distinction of being the first Indian stock exchange to introduce an automated screen-based trading system. (Unveiling the Secret of Stock Market Wealth: How Much Is a Share Really Worth?)
The Largest Stock Markets in India
National Stock Exchange (NSE)
The National Stock Exchange (NSE) is India’s largest stock exchange, with its headquarters located in Mumbai. Established in November 1992, NSE is also the eleventh largest stock exchange in the world in terms of market capitalization. Trading at NSE encompasses seven market categories, including equity, futures and options (F&O), mutual funds, the wholesale debt market, the retail debt market, currency derivatives, and lending and borrowing of shares. Notably, NSE introduced the first automated screen-based trading system in India after receiving recognition as a stock exchange by SEBI in 1994.
|National Stock Exchange (NSE)
|Eleventh largest globally
|Equity, futures and options (F&O), mutual funds, wholesale debt market, retail debt market, currency derivatives, lending and borrowing
|Introduced India’s first automated screen-based trading system after SEBI recognition in 1994
Bombay Stock Exchange (BSE)
The Bombay Stock Exchange (BSE) holds the distinction of being the first stock exchange in Asia, with its headquarters located in Mumbai. Established in July 1875, BSE became officially recognized as a stock exchange by the Securities Contracts Regulation Act in August 1957. In 2012, BSE became part of the United Nations Sustainable Stock Exchanges initiative. Notably, it is currently the fastest exchange in the world, with an average trading speed of 6 microseconds. BSE lists approximately 5,000 securities, with its key index being the Sensex. Other major indices include Bankex, BSE 100, BSE 200, Realty Index, among others.
|Bombay Stock Exchange (BSE)
|Officially recognized as a stock exchange by the Securities Contracts Regulation Act in August 1957
|Other Major Indices
|Bankex, BSE 100, BSE 200, Realty Index, and many more
India International Exchange (India INX)
The India International Exchange (India INX) is the first international exchange in India, inaugurated by the Indian Prime Minister Narendra Modi in January 2017. Situated in Gandhinagar, Gujarat, India INX operates under the regulation of the International Financial Services Centre (IFSC) and is overseen by the Indian Ministry of Finance. It specializes in trading currency/commodity derivatives and stock/index derivatives, offering trading in financial market products 22 hours a day. Additionally, India INX has introduced an efficient and transparent cash collection method through the Global Securities Market platform, enhancing its overall market operations.
|India International Exchange (India INX)
|Inaugurated by Indian Prime Minister Narendra Modi
|International Financial Services Centre (IFSC), Indian Ministry of Finance
|22 hours a day
|Trading currency/commodity derivatives and stock/index derivatives
|Introduced efficient and transparent cash collection method through the Global Securities Market platform
NSE IFSC Limited
NSE International Exchange (NSE IFSC Limited) is a wholly-owned subsidiary of NSE. It was established on November 29, 2016, as a SEBI-approved stock exchange and is located in Gandhinagar, Gujarat. Trading operations at NSE IFSC Limited commenced on June 5, 2017, offering the trade of stocks, indices, commodities, currencies, and derivative instruments.
|NSE IFSC Limited
|November 29, 2016
|Commencement of Trading
|June 5, 2017
|Stocks, indices, commodities, currencies, and derivatives
Metropolitan Stock Exchange (MSE)
Metropolitan Stock Exchange of India Limited (MSE) is a recognized stock exchange by SEBI, providing an advanced and transparent electronic trading platform. Here, you can trade across different markets including the stock market, the debt market, F&O, and currency derivatives. MSE launched its primary SX40 index on February 9, 2013, with actual trading commencing on February 11, 2013. If you’re looking for secure and regulated trading in India, MSE offers a range of options across various market segments, making it an integral part of the Indian financial landscape.
|February 9, 2013
|Recognized by SEBI
|Stock market, debt market, F&O, currency derivatives
|February 11, 2013
If you are considering trading stocks, bonds, or derivatives in India, there are several highly regulated and government-recognized exchanges that you can consider. One option is the IndoNext, which is promoted by BSE and supports advanced trading. IndoNext includes regional stock exchanges such as the Inter-connected Stock Exchange of India, Bangalore Stock Exchange, Madras Stock Exchange, Vadodara Stock Exchange, and Ludhiana Stock Exchange. These exchanges offer a platform for secure and regulated trading activities.
Furthermore, if you are interested in trading specifically in companies under the SME segment, you have the option to choose the OTC Exchange of India, also known as the Over the Counter Exchange of India. This exchange provides opportunities for trading in the SME segment, catering to specific preferences in the Indian market. Each of these exchanges has its own unique characteristics and advantages, catering to different trading needs and preferences within the Indian financial market.