A full list of stock exchanges in India

What is a Stock Exchange?
A stock exchangeis the most important component of a stock market. It facilitates all the transactions between targeted buyers and traders of financial instruments. Additionally, a stock exchange obeys a certain set of rules and regulations which are directed by SEBI or Securities and Exchange Board of India.
This authoritative body functions in a manner to protect the interest of its investors with an aim to promote the stock market. It serves the main platform or market where financial instruments like commodities, bonds, and stocks are traded. Here buyers and sellers come together for trading financial tools at specific hours of any business day while obeying SEBI’s guidelines. Stocks that are not listed on the stock exchange are traded in a market named ‘Over the Counter Market’.

Functions of Stock Exchange in India

1. It promotes stability of security prices
2. It provides a forecasting service which means they provide a prediction of the market scenario on whose basis you can make the trade or investment
3. Helps companies and businesses to raise funds for growth and expansion.
4. It encourages the habit of investment and saving. Investing is made so simple due to the presence of the stock exchange which would have been a tremendous task.
5. It provides convenience for investment and transparency in the market regarding securities.

A full list of Stock Exchanges in India
The list of major stock exchanges in India is as follows:

1. Bombay Stock Exchange (BSE): BSE is an Indian Stock exchange that is located in Mumbai (Dalal Street). The vision of BSE is to emerge as the premier Indian Stock Exchange. Also to provide best-in-class practice globally in product innovation, customer service, and technology.
   It is one of the two large Indian stock exchanges which was founded by Mr. Premchand Roychand. Mr. Premchand Roychand is known as Big Bull, Bullion King, and Cotton King. It offers various services that include risk management, depository services, and market data services, etc.
2. National Stock Exchange (NSE): NSE is one of the youngest stock exchanges in India which was established back in 1992. The vision of NSE is to continue being a leader and establish a global presence. They also facilitate the financial well-being of the investors and people. In 1992, NSE introduced the advanced electronic trading system for the first time in India. The advent of which paper-based settlement system eradicated and they offered easy trading facility.
3. Metropolitan Stock Exchange (MSE): The MSE was given the tag of “Recognized Stock Exchange” under the companies act. MSE offers a hi-tech platform for trading in F&O, currency, capital market, and debt market segments of the Indian Market. The shareholders of MSE include private sector banks, public sector banks, investors, and domestic financial institutions. It came up with the “Manifesto of Change” which was a roadmap to what the stock exchange thinks to achieve in terms of market development and growth over the next 10 years.
4. Calcutta Stock Exchange (CSE): CSE is an RSE or Regional stock exchange which is located in Kolkata, Lyons Range. It is the second oldest exchange in the region of southeast Asia. It was incorporated back in 1908, it is also the second-largest exchange in India. In the year 1980, it got the grant for permanent recognition by the government of India under the Securities Contracts Act,1956. While almost 20 regional stock exchanges exited voluntarily due to stringent SEBI regulations against regional stock exchanges. CSE still continues to exits like a lone wolf.
5. India International Exchange (India INX): INX was opened in the year 2017 in the month of January. It is the first international stock exchange in India. It is a wholly-owned subsidiary of BSE and is located at IFSC, GIFT City in Gujarat. It is claimed to be the most advanced platform in technology. It has a turn-around time of 4 microseconds that operates a total of 22 hours per day and six days a week.
6. NSE IFSC Ltd.: NSE IFSC or NSE International Exchange was started in 2016, it is a wholly-owned subsidiary of NSE. It is located in IFSC or International financial services center, GIFT city in Gujarat. The exchange enables the investors with securities trading in our currency and other currencies. NSE IFSC Ltd has 16 hours of trading that is divided into two sessions. The two trading sessions are:
   • First Session: between 8 am and 5 pm
   • Second Session: between 5:30 pm and 11:30 pm

Which Stock Exchange is best for you to transact in India?
This decision depends totally on the companies that you are looking to invest in. You can have a look at the number of stock exchanges that are operational in India and in which stock exchange is the company you want is listed. There are some that might be listed on BSE but not NSE or some other regional stock exchange. For such companies that are listed just on one stock exchange, there are no choices available for stock exchange.
However, if a popular company is listed on more than one stock exchange then you have choices available. So, you can choose the one which you find the most attractive and suitable. In the most popular stock exchange, there are two names on the top – BSE and NSE. These two stock exchanges operate at a national level.

Conclusion
To sum it up, A stock exchange market is the most important component of a stock market. It facilitates all the transactions between targeted buyers and traders of financial instruments. Now the question arises which stock exchange is best for you to transact? This decision depends totally on the companies that you are looking to invest in. You can have a look at the number of stock exchanges that are operational in India and in which stock exchange is the company you want is listed.In the most popular stock exchange, there are two names on the top – BSE and NSE. These two stock exchanges operate at a national level.