NSE

The National Stock Exchange of India Ltd. (NSE) is one of the largest and most advanced
stock exchanges in the world with a record growth. NSE is situated in India’s premier business
district and finacial capital Mumbai and has branch offices throughout India and through its
VSAT and an advanced satellite sytem it is linked to over 1 500 cities in the country. More than
1 300 companies are listed on the NSE and in terms of the number of transactions conducted,
the exchange is ranked at the top worldwide and supports more than 15 million trades per day.

NSE is owned by a set of leading financial institutions, banks, insurance companies and other
financial intermediaries in India. Only qualified traders can be involved in the securities trading
on the NSE and the exchange has strict requirements and criteria for the companies that are
listed.

There are three market segments traded on the NSE; debt, equity and derivatives.More than
1300 companies are listed and traded on the exchange and most of the these companies are
multinational organizations with global operations. Some of the giants includes; Reliance
Industries (Oil&Gas), Oil & Natural Gas (Oil & Gas), India Oil (oil & Gas) NTPC (utilities), Icici
Bank (banking), Tata Steel (materials), Bharat Airtel (telecom), Infosys (software) and
Mahindra & Mahidra (consumer durables). Several foreign companies are also listed on the
NSE including ABB, Siemens and Pfizer.

The key index of NSE is the S&P CNX Nifty, known as the Nifty, an index of fifty major stocks
weighted by market capitalisation. Nifty is accounting for 22 sectors of the Indian economy.
Other indexes of the NSE are; The CNX Nifty Junior represents the next rung of liquid
securities after S&P CNX Nifty and it also consists of 50 companies, CNX 100 (S&P CNX Nifty +
CNX Nifty Junior), S&P CNX 500 (CNX 100 + 400 major players across 72 industries) and
CNX Midcap. The primary objective of the NSE CNX MidCap Index is to capture the
movement and be a benchmark of the midcap segment of the market.