National Stock Exchange is the leading stock exchange of India, located in Mumbai. The NSE was established in 1992 as the first demutualized electronic exchange in the country.
NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country. NSE was set up with the objectives of :
(a) Establishing a nationwide trading facility for all types of securities.
(b) Ensuring equal access to all investors all over the country through an appropriate communication network.
(c) Providing a fair, efficient and transparent securities market using electronic trading system.
(d) Enabling shorter settlement cycles and book entry settlements.
(e) Meeting the international benchmarks and standards.
Within a short span of life, above objectives have been realized and the Exchange has played a leading role as a change agent in transforming the Indian Capital Markets to its present form.