MELT DOWN
SENSEX-
The NSE of India limited was created on the basis of the report of the
high powered study group on establishment of new stock
exchanger,which recommended promotion of NSE by financial
institution to provide access to investors from all across the country on
an equal footing.
In 1992, NSE was incorporated as a tax paying company unlike other
stock exchange in the country.
In April 1993,NSE was recognized as a stock exchange under the
securities contract(regulation) act,1956.
The capital market (equities) segment commenced operation Nov. 1994
and operations in derivatives segment were started in June 2000.
NSE launched s&p CNX NIFTY in April 1996.NSE is one largest
interactive VSAT based stock exchange in the world. Presently it
supports 3000 VSATS.
S&P CNX NIFTY
OBJECTIVE OF SENSEX
Inflation in India is high, this will make production cost high and
net profit down of companies .
Budget deficit .
QUERIES