 "National Stock Exchange")
National Stock Exchange’s (NSE’s) capital market segment turned 21 today. Trading in the equities segment (Capital Market segment) on the NSE began on November 3, 1994 and became the largest exchange in India in terms of volumes transacted within a year. Wholesale Debt Market (WDM) segment operations began in June 1994.
Interestingly, 3 November, 1995 is also the base-year for the CNX Nifty index – the day which also marked the completion of one year of operations of NSE’s equity market segment. The base value of the index has been set at 1,000.
As on August 31, 2015, there are six international ETFs and 11 domestic ETFs and 14 index funds based on the Nifty 50 index, reports suggest. Further, 18 domestic ETFs and index funds are linked to other IISL indices. Nifty 50 options traded on NSE are the largest traded contract globally in equity index options category. In addition to the NSE, Nifty derivatives are also traded on Singapore Exchange, Chicago Mercantile Exchange and Osaka Exchange.
Here are 15 interesting facts and milestones about the NSE:
November 1994: NSE commenced operations in the Wholesale Debt Market (WDM) segment in June 1994. The capital market (equities) segment of the NSE commenced operations in November 1994.
April 1996: CNX Nifty launched
December 1996: Commencement of trading/settlement in dematerialised securities; Launch of CNX Nifty Junior
February 1997: Regional clearing facility goes live
May 1998: Launch of NSE's website - www.nse.co.in; Promotion of joint venture, India Index Services & Products Limited (IISL)
2000: Commencement of Internet Trading; Commencement of Derivatives Trading (Index Futures) in June 2000; Commencement of WAP trading (December)
2001: Commencement of trading in Index Options; Commencement of trading in Futures & Options in Individual Securities
January 2002: Launch of Exchange Traded Funds (ETFs)
2003 - 2005: Launch of Interest Rate Futures; Launch of Futures & options in CNXIT Index; Launch of Futures & options in BANK Nifty Index
April 2008: Launch of India VIX (Real Time dissemination of India VIX happened in July 2010); Launch of Currency Derivatives
August 2009: Launch of Interest Rate Futures
March 2010: NSE- CME Group & NSE - SGX product ink cross listing agreement
September 2012: NSE launches SME operations
September 2015: India Index Services & Products (IISL), an NSE group company, announced the rebranding of all the existing IISL indices, including CNX Nifty, CNX 100, CNX 200, CNX 500, CNX Mid-cap and CNX Small-cap.
November 2015: NSE's flagship CNX Nifty Index, for instance, will be rebranded as Nifty 50. The rebranding of IISL's indices will be effective November 9, 2015
Source: NSE
| Capital Market Segment Growth | |||
| Month/Year | No of companies listed* | Turnover (Rs cr) | Market Capitalisation (Rs cr)* |
| Oct-15 | - | 3,33,801 | 96,54,114 |
| Sep-15 | 1,779 | 3,28,412 | 94,91,609 |
| Aug-15 | 1,772 | 4,19,932 | 95,29,070 |
| Jul-15 | 1,756 | 3,83,484 | 1,01,68,561 |
| Jun-15 | 1,751 | 3,33,289 | 98,49,076 |
| May-15 | 1,750 | 3,61,935 | 1,00,20,665 |
| Apr-15 | 1,740 | 3,79,349 | 96,86,324 |
| 2014-2015 | 1,733 | 43,29,655 | 99,30,122 |
| 2013-2014 | 1,688 | 28,08,488 | 72,77,720 |
| 2012-2013 | 1,666 | 27,08,279 | 62,39,035 |
| 2011-2012 | 1,646 | 28,10,893 | 60,96,518 |
| 2010-2011 | 1,574 | 35,77,412 | 67,02,616 |
| 2009-2010 | 1,470 | 4,138,024 | 6,009,173 |
| 2008-2009 | 1,432 | 2,752,023 | 2,896,194 |
| 2007-2008 | 1,381 | 3,551,038 | 4,858,122 |
| 2006-2007 | 1,228 | 1,945,285 | 3,367,350 |
| 2005-2006 | 1,069 | 1,569,556 | 2,813,201 |
| 2004-2005 | 970 | 1,140,071 | 1,585,585 |
| 2003-2004 | 909 | 1,099,535 | 1,120,976 |
| 2002-2003 | 818 | 617,989 | 537,133 |
| 2001-2002 | 793 | 513,167 | 636,861 |
| 2000-2001 | 785 | 1,339,510 | 657,847 |
| 1999-2000 | 720 | 839,052 | 1,020,426 |
| 1998-1999 | 648 | 414,474 | 491,175 |
| 1997-1998 | 612 | 370,193 | 481,503 |
| 1996-1997 | 550 | 294,503 | 419,367 |
| 1995-1996 | 422 | 67,287 | 401,459 |
| 1994-1995 | 135 | 1805 | 363350 |
| * At the end of the period, No of companies available for trading excludes suspended companies. | |||
| # w.e.f. January 2005, No. of securities are provided instead of Number of Companies. | |||
| Source: NSE | |||
