Financial Stock Exchanges
15 May 2018
Financial Markets are the barometer of any economy. The strength in financial markets reflects the strength of the economy.
It is very important for any country to have efficient and liquid financial markets with great depth in its liquidity.
It is also very important to have an efficient regulator to govern these financial markets. Following are the most popular financial markets:
1. Bombay Stock Exchange (BSE):
This oldest stock exchange in Asia was established in the year 1875 and is situated in Dalal Street, Mumbai.
The companies in the Sensex (the most popular value-weighted index) are about one-fifth of the market capitalization of BSE.
Bombay Stock Exchange switched to an electronic trading system developed by CMC Ltd. in 1995. BSE's popular equity index - the S&P BSE SENSEX -
is India's most widely tracked stock market benchmark index.
It is traded internationally on the EUREX as well as leading exchanges of the BRICS nations (Brazil, Russia, India, China and South Africa).
2. National Stock Exchange of India Limited (NSEL): - India’s largest financial market was the first exchange to provide modern,
fully automated electronic trading. As of March 2016, $1.41 trillion has been accumulated in total market capitalization and thus
it has become the 12th largest stock exchange in the world. NSEL is a premier marketplace for companies preparing to list on a major exchange.
3. Multi Commodity Exchange Limited (MCX): It is an independent commodity exchange based in India. MCX provides options trading in gold,
Crude Oil and futures trading in energy, bullion, non-ferrous metals and a number of agricultural
commodities like crude palm oil, cotton, menthe oil, cardamom and others.
MCX is also planning to launch Option contract in other metals in due course. MCX is now expanding in spot commodity trading as well.
4. National Commodity and Derivative Exchange Limited (NCDEX): It is the only commodity exchange in India promoted by
Indian institutions and regulated by the Securities and Exchange Board of India (SEBI). NCDEX offers futures trading in 31 agricultural and non-agricultural commodities.
Financial Market Regulator
Securities and Exchange Board of India (SEBI): This regulator for the securities market in India was established in the year 1988.
SEBI encourages both growth and development of the security market and acts as a watchdog.SEBI attracts foreign investors, protect Indian
investors and thus plays a key role in ensuring the stability of financial markets in India.
Founded in 2005 by new–age entrepreneur Abhishek Bansal, the Abans Group has evolved into a globally diversified conglomerate, providing expertise in Broking Services,
Non-Banking Financial Dealings, Financial Services, Agri-Commodity Services, Warehousing, Realty & Infrastructure, Gold Dore Refinery & Manufacturing, Trading in Metal Products, Pharmaceuticals,
Software Development & Wealth Management. The Group is a comprehensive financial and non-financial services and solutions provider, aiming to provide end-to-end solutions to its clients.