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The Equities are traded in two
major exchanges in India, Bombay Stock Exchange (BSE) and National
Stock Exchange (NSE). Kotak Securities are the members of both the
exchanges.
About Bombay
Stock Exchange
Bombay Stock Exchange Limited
is the oldest stock exchange in Asia with a rich heritage. Popularly
known as "BSE", it was established as "The Native
Share & Stock Brokers Association" in 1875. It is the first
stock exchange in the country to obtain permanent recognition in
1956 from the Government of India under the Securities Contracts
(Regulation) Act, 1956.The Exchange's pivotal and pre-eminent role
in the development of the Indian capital market is widely recognized
and its index, SENSEX, is tracked worldwide. Earlier an Association
of Persons (AOP), the Exchange is now a demutualised and corporatised
entity incorporated under the provisions of the Companies Act, 1956,
pursuant to the BSE (Corporatisation and Demutualisation) Scheme,
2005 notified by the Securities and Exchange Board of India (SEBI).
About National Stock Exchange
The National Stock Exchange of India Limited has
genesis in the report of the High Powered Study Group on Establishment
of New Stock Exchanges, which recommended promotion of a National
Stock Exchange by financial institutions (FIs) to provide access
to investors from all across the country on an equal footing. Based
on the recommendations, 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.
BSE & NSE timings are as follows:
| Monday to Friday: |
| Equity & Derivatives |
: 09.00 am to 03.30 pm |
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