National Stock Exchange of India (NSE)

National Stock Exchange of India (NSE) - National Stock Exchange of India (NSE) - is located in Bombay, is India's first debt market. It was set up in 1993 to encourage the stock exchange reform through system modernization and competition. It commenced for trading in mid-1994. It accorded recognition as a stock exchange by the Department of Company Affairs. The instruments, traded, treasury bills, government security, and bonds issued by public sector companies. The National Stock Exchange of India Limited has birth in the report of the High Powered Study Group on Establishment of New Stock Exchanges, which recommended elevation of a National Stock Exchange by financial institutions.