Wednesday, October 21, 2009

NSE(National Stock Exchange) private,public or government sector company? what could be its profits?

Wondering if NSE is private/public/government company. How does it earn profits. What are its profits.
NSE(National Stock Exchange) private,public or government sector company? what could be its profits?
NSE is a company. The shares of this company are hold by the some very big DIIs(domestic institutional investors) and FII ( foregion institutinal investsors) , and promoters. the earning come from various products that provided by NSE some of those are brokarage from online trading in stocks and F%26amp;O, annual fees from stock brokers, also NSE provides huge amount of information to their clients which fetch them good revenue. e.g. news channels, websites based on stock market.


NSE is the 4 th largest exchange in the world.


promoters of NSE incluedes icicibank, sbi, lic.etc.
Reply:NSE was promoted by leading Financial Institutions at the behest of the Government of India and was incorporated in November 1992 as a tax-paying company unlike other stock exchanges in the country.





On its recognition as a stock exchange under the Securities Contracts (Regulation) Act, 1956 in April 1993, NSE commenced operations in the Wholesale Debt Market (WDM) segment in June 1994. The Capital Market (Equities) segment commenced operations in November 1994 and operations in Derivatives segment commenced in June 2000.
Reply:Where did you learn about this?

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