Stock exchange is one of the important constituent of capital market. Hence, it can be defined as an organized market for the purchase and sale of industrial and financial security as per certain well-defined rules and regulations. Here, we are giving the list of Stock Exchange in India for general awareness.
List of Stock Exchange in India
| Name of the Stock Exchange | Headquarters | Vision/ Mission | Year of Establishment |
| Bombay Stock Exchange (BSE) |
Mumbai |
Emerges as the premier Indian stock exchange by establishing global benchmarks. | 1875 |
| National Stock Exchange of India (NSE) |
Mumbai |
It is mutually-owned by a set of leading financial institutions, banks, insurance companies and other financial intermediaries in India but its ownership and management operate as separate entities. |
1992 |
| Calcutta Stock Exchange (CSE) | Kolkata | It is the second largest bourse in India. | 1908 |
| Madras Stock Exchange | Chennai | The MSE is the fourth stock exchange to be established in the country and the first in South India. | 1937 |
| Inter-connected Stock Exchange Ltd. | Mumbai | It is a national-level stock exchange, providing trading, clearing, settlement, risk management and surveillance support to its trading members. | 1998 |
| United Stock Exchange of India |
Mumbai | It is the fourth pan India exchange to be launched for trading financial instruments in India over the last 140 years. | 2010 |
| OTC Exchange Of India | Mumbai | It is the first exchange for small companies. | 1990 |
| MCX Stock Exchange | Mumbai | It is an India-wide electronic platform for trading in currency futures under the regulatory control of Securities and Exchange Board of India (SEBI) and Reserve Bank of India (RBI). | 2008 |
| Multi Commodity Exchange of India Ltd (MCX) | Mumbai | It is an independent commodity exchange based in India. | 2003 |
| Bangalore Stock Exchange (BgSE) | Bangalore | The stock exchange is managed by a Council of Management, consisting of members appointed by the Securities and Exchange Board of India. | 1963 |
SEBI: Powers and Functions to regulate Security Market in India
Historical Retrospect
The origin of stock market traced back to the ancient world- Ancient Mesopotamian city introduced the clay tablets recording interest-bearing loans but some scholars refuted the theory. The first transferable government bond was produced by the Italian city-states. In the 16th century, Dutch East India Company was the first to issue bonds and shares of stock to the general public. London stock exchange (LSE) is the oldest stock exchange in the world. While Bombay stock exchange (BSE) is the oldest in India.
Features of Stock Exchange
1. Market for securities
2. Market for securities
3. Regulates trade in securities
4. Allows dealings only in listed securities
5. Transactions effected only through members
6. Association of persons
7. Recognition from Central Government
8. Working as per rules
9. Specific location
10. Financial Barometers of national economy of the country
In the above list of Stock Exchange in India will enhance the general knowledge of the readers and also provides how the stock market facilitates the issue and redemption of securities and financial instruments and capital events including the payment of income and dividends.
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