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National Stock Exchange of India Limited ( NSE) is one of the leading stock exchanges in India, based in Mumbai. NSE is under the ownership of various financial institutions such as banks and insurance companies. It is the world's largest derivatives exchange by number of contracts traded [ a] and the third largest in cash equities by number of ...
The NIFTY 50 is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. [ 1][ 2] Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited. [ 3][ 4] NSE Indices had a ...
An economy where the stock market is on the rise is considered to be an up-and-coming economy. The stock market is often considered the primary indicator of a country's economic strength and development. [21] Rising share prices, for instance, tend to be associated with increased business investment and vice versa.
e. The 1992 Indian stock market scam was a market manipulation carried out by Harshad Shantilal Mehta with other bankers and politicians on the Bombay Stock Exchange. That scam caused significant disruption to the stock market of India, defrauding investors of over ten million USD. Techniques used by Mehta involved having corrupt officials ...
Crashes of 2007. During the financial crisis of 2007–2008, the stock markets in India fell on several occasions in 2007 as well as 2008. In 2007, there were five sharp falls in the stock markets. 2 April 2007: The Sensex fell by 617 points to 12,455 though during the course of the day, it fell further. As per the analysts at Rediff, "The ...
There are 33 state co-operative banks in India. The Andaman and Nicobar State Co-operative Bank Ltd. The Andhra Pradesh State Co-operative Bank Ltd. The Arunachal Pradesh State co-operative Apex Bank Ltd. The Assam Co-operative Apex Bank Ltd. The Bihar State Co-operative Bank Ltd.
INE118H01017. Headquarters. Mumbai. Website. www .bseindia .com. BSE Limited, also known as the Bombay Stock Exchange ( BSE ), is an Indian stock exchange which is located on Dalal Street, known as the Wall Street of Mumbai, [ 8] in turn described as the New York of India. [ 9] Established in 1875 by cotton merchant Premchand Roychand, [ 10] it ...
Indian Oil Corporation Limited ( IOCL or IOC ), trading as IndianOil, is an Indian multinational [ 4][ 5] oil and gas company under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. Registered in Mumbai but headquartered in New Delhi, [ 6] it is a public sector undertaking whose operations are overseen by the ...