STOCK MARKET: National Stock Exchange

National Stock Exchange of India(NSE) is India's largest Stock Exchange, located in Mumbai.The NSE's key index is the S&P CNX Nifty, known as the NSE Nifty is an index of fifty major stocks weighted by market capitalization.The National Stock Exchange of India was promoted by leading Financial Institutions at the behest of the Government of India.It was incorporated in November 1992 as a tax paying company.In April 1993, it was recognized as a Stock Exchange under the Securities Contracts(Regulation) Act,1956.NSE started operations in the Wholesale Debt Market(WDM) segment in June 1994.The Capital Market(Equities) segment of the NSE commenced operations in November 1994 and operations in the Derivatives(Futures&Options) segment commenced in June 2000.National Stock Exchange is the World's third largest Stock Exchange in terms of transactions, for both equities and derivative trading.