How many stock exchanges are there in India?

 

In India, there are two major stock exchanges where shares of publicly traded companies are listed and traded. These exchanges are:

1. Bombay Stock Exchange (BSE): Established in 1875, the BSE is one of the oldest stock exchanges in Asia. It is located in Mumbai, Maharashtra, and is the first stock exchange in India to obtain permanent recognition from the Government of India under the Securities Contracts Regulation Act, 1956.

2. National Stock Exchange of India (NSE): The NSE was established in 1992 and is headquartered in Mumbai, Maharashtra. It is the largest stock exchange in India in terms of trading volume and market capitalization. The NSE introduced electronic trading in India, popularizing the use of screen-based trading systems.

Both the BSE and NSE are regulated by the Securities and Exchange Board of India (SEBI), which is the regulatory authority for the securities market in India. These exchanges play a crucial role in facilitating capital formation, providing liquidity, and enabling the trading of various financial instruments, including equities, derivatives, bonds, and exchange-traded funds (ETFs).