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State the difference between NSE and BSE.
The major differences between National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are as follows −
NSE
National Stock Exchange was founded in 1992.
Its vision is “Continue to be a leader, establish a global presence, facilitate the financial well-being of people”.
It is largest stock exchange in India.
It is 11th largest stock exchange in the world.
It facilities trading equity, equity derivatives, debt and currency derivatives segments
benchmark index is nifty.
It is also called as The Largest Stock Exchange.
The number of companies in this index are 50.
More than 5000 companies are listed in NSE.
It has high trading volume.
BSE
Bombay Stock Exchange was founded in 1875.
Its vision is “Emerge as the premier Indian stock exchange with best-in-class global practice in technology, product innovation and customer service”.
It is most ancient stock exchange of Asia.
It is 10th largest stock exchange in the world.
It facilitates trading in equity, currencies, debt instruments, derivatives and mutual funds.
The benchmark index is Sensex.
It is also called as The Oldest Stock Exchange.
Total companies in this index are 30.
More than 1600 companies are listed here.
It has low trading volume when compared to NSE.