The National Stock Exchange (of India) is believed to be the biggest stock exchange in India – in relevance to the volume of trades and its daily turnover. It is situated in Mumbai, India. The National Stock exchange is owned by an array of financial institutions. Despite this; it is a commercial entity unto itself. It is considered the third biggest stock exchange in the world and often believed to be the second fastest growing stock exchange in the world due to its large volume of trades. It is one of two major stock exchanges in India. Whilst it is not as old as the Bombay Stock Exchange, it rivals it and even surpasses it in terms of how many trades it does.
The National Stock Exchange has been the source of many innovations in the field of electronic stock exchange methodologies. It has also been responsible for offering certain equity bonuses to its traders and partners. Because of its close ties to the finance sector in India it enjoys a large amount of industry trust and interest from international investors. This is no small feat considering the National Stock Exchange has only been incorporated for less than twenty years. It was incorporated in 1992 and it wasn’t until 1993 that it was recognised as a stock exchange. They did not have a business plan until after the stock exchange was actually recognised as what it was.
The National Stock Exchange is responsible for ensuring that stocks, bonds and financial equity can be traded in a transparent way. It is also responsible (along with the Bombay Stock Exchange) for the vast majority of share transactions in India as they apply nationally and internationally. It offers electronic share trading systems that were established in the year 2000 and enjoys a broad range of customers that stretch globally.