Role of National Stock Exchange in Indian Securities Market

Stock Exchange is a hub of primary and secondary market playing a crucial role in the economy. Stock exchange provides a place to the buyers and sellers of the shares and securities. For this purpose National stock exchange was established by the leading institutions in mid 1990s with the main aim to provide a modern and fully automated screen based trading system with national reach. National Stock Exchange has set up facility that serves as a model for securities industry in terms of system and procedures. Hence, in this paper researcher has explained the role of National stock exchange in Indian securities market i.e. how NSE is contributing in the development of stock market of India. To analyze this, researcher has examined the market share of Cash market, equity market and derivative market of NSE and interpretate the results by analyzing the trend pattern of different segments under NSE.