The National Stock Exchange (NSE)is the largest Stock Exchange in India. It’s situated in Mumbai, Maharashtra, and was established in the year 1992. It was the 1st Stock Exchange in India that provided shares in the dematerialized form. It provided a modern, fully automated screen-based electronic trading system, which ensured an easy trading experience and also provided investors with various facilities. This helped for an increase in the number of investors as it became easy for the common man to become an investor.
Along with being the biggest exchange
NSE is the 4th largest market in the world in terms of volume This large trading volume is possible due to cutting-edge technology employed by the National Stock Exchange. This technology enables orders to be fulfilled easily as well as provides transparency as it’s completely automated. NSE was the head of the revolution that we are all benefitting from.
NSE was set up with the help of established domestic and global investors. State Bank of India, IFCI Limited, IDFC Limited, Stock Holding Corporation of India Limited, Gagil FDI Limited, GS Strategic Investments Limited, SAIF II SE Investments Mauritius Limited, and PI Opportunities Fund are the key contributors that have helped set up the NSE. the dematerialization of shares has made it difficult to forge shares. It has almost eradicated fraudulent practices. NSE has also been a major contributor to setting up the National Securities Depository Limited (NSDL), which lets investors store their shares and bonds in electronic form.
NSE Lets you trade-in
- Mutual Funds
- Exchange-traded funds
- Initial Public Offerings
- Security Lending and Borrowing etc.
- Equity Derivatives (Including Global Indices like S&P 500, Dow Jones, and FTSE)
- Currency Derivatives
- Commodity Derivatives
- Interest Rate Futures
- Corporate Bonds
The NSE combined with NSDL have made trading in the NSE quite attractive. If you are a novice trader and have no idea how to trade in theNational Stock Exchange, IIFL Securities can help you out. IIFL Securities is among the leading stockbrokers in India. They provide personalized services to all of their customers, ensuring you won’t face any issue and can trade easily in the NSE. So they have an award-winning research team and provide tremendous amounts of information.
They have a dedicated service for NSE Today. They provide a whole graph of NIFTY 50, helping us know how the NSE index is performing. The NIFTY 50 is a benchmark Index, consisting of the 50 largest companies listed on the National Stock Exchange.
IIFL Securities provides continuous updates
On how NIFTY 50 performs daily. It has a list of all the companies included in the NIFTY 50 helping you choose from that you can potentially invest in. To trade in the NSE, IIFL Securities even provides a trading and Demat 2-1 account, ensuring you can trade on the NSE and store your shares in NSDL respectively. IIFL Securities helps you learn about a Demat and trading account so that you can utilize their services completely. They promote financial education helping all their customers learn about the Stock Market, helping everyone become financially Independent.