The National Stock Exchange (NSE) is the leading stock exchange in India and the fourth largest in the world by equity trading volume in 2015, according to World Federation of Exchanges (WFE).It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on annual reports of SEBI.
NSE launched electronic screen-based trading in 1994, derivatives trading (in the form of index futures) and internet trading in 2000, which were each the first of its kind in India.
NSE has a fully-integrated business model comprising our exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. NSE also oversees compliance by trading and clearing members and listed companies with the rules and regulations of the exchange.
With the NIFTY climbing past 10,000, India’s market capitalisation is inching to the $2-trillion mark at $1.94 trillion in dollar terms. Only eight other countries have a higher m-cap. The benchmark NIFTY has gained 20 per cent in dollar terms so far in 2017, making it the best-performing index among global peers. India’s m-cap is now 82 per cent of the size of the 2016-17 gross domestic product.
Report by Capegemini
A recent study on wealthy by Capgemini titled ‘World Wealth Report 2017’ has revealed that India is among the fastest growing HNIs countries in the world. HNI population in India has increased to 2.19 lakh in 2016 from 2 lakh in 2015, a growth of 10% in just a year. In 2007, India had 1.52 lakh HNIs. This reflects a growth of 44% in 9 years.On investment pattern, the report found that Indian HNIs have increased their exposure to equities followed by real estate and alternative investments.