NSE and BSE Full Form

What is Full Form of BSE and NSE ?

Bombay Stock Exchange (BSE)

The complete form of BSE is the "Bombay Stock Exchange". This is the oldest stock exchange not only in India but also in Asia. BSE was founded in the year 1857 by Premchand Roychand as the Domestic Share and Stock Brokers Association and is now managed by Sethuraman Ravi. After the year 1957, the Government of India recognised it as the premier stock exchange of India under the Securities Contract Regulation Act of 1956.

National Stock Exchange(NSE)

The complete form of NSE is National Stock Exchange. NSE was established in the year 1992 as an electronic exchange system in India. Its headquarter is located in Mumbai. NSE was established in the year 1992 as a tax-paid company under the Securities Contracts Act 1956, but it started operations in 1994. It was the 1st stock exchange in India to offer a screen-based system for trading.

Difference Between NSE And BSE

Both the NSE and the BSE are an essential part of the Indian capital market, with thousands of brokers and investors trading on these stock exchanges every day, both based in Mumbai, Maharashtra, and SEBI (Securities and Exchange Board of India). The main differences between the NSE and the BSE are as follows:

• The Bombay Stock Exchange was recognised in 1957, and the National Stock Exchange in 1992 by the Securities and Exchange Board of India (SEBI).

• The official index used by National Stock Exchange is Nifty 50, while for the Bombay Stock Exchange, it is Sensex.

• The electronic system of the stock exchange was first introduced under National Stock Exchange in 1992 and later in the BSC in 1995 under BOLT, i.e. BSE Online Trading.

• BSE promotes trading in Equity, Debt Instruments, Mutual Funds, Currencies, and Derivatives, while NSE promotes trading in Equity, Equity Derivatives, Debt and Currency Derivatives segments.

• BSE's Sensex consists of 30 companies, while NSE's Nifty consists of 50 companies.

• In terms of ownership, NSE was formed as a dematerialised stock exchange and is largely held by domestic and global institutions, and its majority shareholders are banks. On the other hand, BSE is 40% owned by brokers, but the rest is held by major investors, including names such as Deutsche Bourse, SGX Singapore Exchange, Caldwell, Atticus, Acacia, SBI, LIC and Bajaj Holdings.