Market:-
Currently, NSE has the following major segments of the capital market:Equities- Equities
- Indices
- Mutual Funds
- Exchange Traded Funds
- Initial Public Offerings
- Security Lending and Borrowing Scheme
- Equity Derivatives (including Global Indices like S&P 500, Dow Jones and FTSE )
- Currency Derivatives
- Interest Rate Futures
- Retail Debt Market
- Wholesale Debt Market
- Corporate Bonds
On August 29, 2011, National Stock exchange launced derivative contracts on the world’s most followed equity indices, the S&P 500 and the Dow Jones Industrial Average. This was the first time that derivative contracts on global indices are available in India. This is the also the first time in the world that futures contracts on the S&P 500 index were introduced and listed on an exchange outside of their home country, USA. The new contracts include futures on both the DJIA and the S&P 500, and options on the S&P 500. The first day volumes at the close of trading on August 29, 2011 at 3.30 pm, on the 2 indices in futures and options contracts was nearly Rs 122 crores (1220 million).
On May 3, 2012,The National Stock exchange launched derivative contracts (futures and options) on FTSE 100, the widely tracked index of the UK equity stock market. This was the first of its kind for an index of the UK equity stock market to be launched in India. FTSE 100 includes 100 largest UK listed blue chip companies and has given returns of 17.8 per cent on investment over three years. The index constitutes 85.6 per cent of UK’s equity market cap. NSE recorded a volume of 500 crores (5000 million) on the 1st day of trading.
Currency Derivatives In August 2008 currency derivatives were introduced in India with the launch of Currency Futures in USD INR by NSE. It also added currency futures in euros, pounds and yen. Interest Rate Futures were introduced for the first time in India by NSE on 31 August 2009, exactly one year after the launch of Currency Futures.
Debt Market NSE became the first stock exchange to get approval for interest rate futures, As recommended by SEBI-RBI committee, on 31 August 2009, a futures contract based on 7% 10 Year Government of India (Notional) was launched with quarterly maturities.
Trading Shedule:-
Trading takes place on all days of the week except Saturdays & Sundays. The market timings are as follows:
- (1) Pre-open session (Regular)
- Order entry & modification Open: 09:00 hrs
- Order entry & modification Close: 09:08 hrs*
- (2) Pre-open Session for IPO and Relist Securities
- Order entry & modification Open: 09:00 hrs
- Order entry & modification Close: 09:45 hrs*
- (3) Regular trading session
- Normal Market Open: 09:15 hrs
- Normal Market Close: 15:30 hrs
- (4) The Closing Session is held between 15.40 hrs and 16.00 hrs.
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