The National Stock Exchange of India (NSE), is one of the largest and most advanced stock markets in India . The NSE is the world's third largest stock exchange in terms of transactions. It is located in Mumbai , the financial capital of India . The NSE VSAT has 2791 terminals that cover 334 cities across India.
The National Stock Exchange of India Limited has genesis in the report of the High Powered Study Group on Establishment of New Stock Exchanges, which recommended promotion of a National Stock Exchange by financial institutions (FIs) to provide access to investors from all across the country on an equal footing. Based on the recommendations, NSE was promoted by leading Financial Institutions at the behest of the Government of India and was incorporated in November 1992 as a tax-paying company unlike other stock exchanges in the country.
On its recognition as a stock exchange under the Securities Contracts (Regulation) Act, 1956 in April 1993, NSE commenced operations in the Wholesale Debt Market (WDM) segment in June 1994. The Capital Market (Equities) segment commenced operations in November 1994 and operations in Derivatives segment commenced in June 2000.
NSE conducts online examination and awards certification, under its programmes of NSE's Certification in Finanacial Markets (NCFM). Currently, certifications are available in 9 modules, covering different sectors of financial and capital markets. Branches of the NSE are located throughout India.
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