National Stock Exchange of India (NSE) was incorporated as ‘National Stock Exchange of India Limited’ as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated November 27, 1992, issued by the Assistant Registrar of Companies, Maharashtra at Bombay and commenced its operations pursuant to a certificate of commencement of business dated March 2, 1993, issued by the Additional Registrar of Companies, Maharashtra at Bombay.

The company has been the largest stock exchange in India. It is a ‘first level regulator’ in India, and in that role is committed to providing equal, unrestricted, transparent and fair access to the stock market to all market participants, including investors, issuers and intermediaries, while maintaining orderly and efficient market functioning and safeguarding investor interests.

The company operates a vertically integrated stock exchange - where it offers a simple, integrated platform for trading, clearing, listing and other services such as data feed services, data terminal services and licensing services. It provides a comprehensive, one-stop platform to manage regulatory compliance, risk monitoring, and post-trade settlement. It offers a diversified range of products across multiple asset classes, including cash market, futures, options, mutual funds platform, commodity derivatives, exchange-traded currency derivatives, wholesale debt market and interest rate futures, among others. The company’s operations are supported by its proprietary technology infrastructure that is resilient and secure, supporting high-speed and high-frequency transactions while ensuring seamless market operations, comprehensive market data dissemination, and allows for rapid implementation of regulatory directives.

Business area of the company

National Stock Exchange of India, established in 1992, is the first demutualized electronic exchange in India. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the country. NSE offers trading in equity, equity derivatives, debt, currency derivatives and commodity derivatives segments.

Awards, accreditations, and recognition

• 2014: Awarded the “Indian Exchange of the Year” at the Futures and Options World Awards.
• 2014: Awarded the “Best Derivatives Exchange Performance Award” by Global Finance.
• 2014: Awarded the “CII- Exim Bank Prize for Business Excellence”.
• 2015: Awarded the “Stock Exchange of the Year” at the Asian Banker Achievement Awards.
• 2015: Awarded the “Golden Peacock Innovative Product/Service Award”.
• 2016: Awarded the “CII- Exim Bank Prize for Business Excellence”.
• 2017: Awarded the “CSR Award for Exemplary Innovation” by FICCI.
• 2017: Awarded the “Golden Peacock award for corporate social responsibility”.
• 2017: Awarded the “Green IT” at the NetApp Innovation Awards.
• 2018: Awarded the “Innovative Practices Award 2018 on Sustainable Development Goals” at the UN Global Compact Network India.
• 2018: Awarded the “Best Corporate Foundation in Education” at the CSR Times awards.
• 2018: Recognised for “Support & improvement in quality of education” at the ET NOW - CSR Leadership awards.
• 2021: Its Subsidiary, NSE Indices Limited awarded the “Index Provider of the Year” award by Asia Asset Management Awards at the Best of the Best Awards.
• 2021: Its Subsidiary, NSE Indices Limited was awarded the “Index Provider of the Year - India” and “ETF Index Provider of the Year” by Asia Asset Management at the Best of the Best Awards.
• 2022: Its Subsidiary, NSE Indices Limited was awarded the “Index Provider of the Year – India” and “Best ESG Index Provider – India” by Asia Asset Management at the Best of the Best Awards.
• 2023: Its Subsidiary, NSE Foundation was awarded the “Silver Award” for CSR Health System Strengthening Project by IHW Council at the 7th CSR Health Impact Awards.
• 2023: Subsidiary, NSE Foundation was awarded the “Jury Choice Award (Large Project Category)” at the 5th ICC Social Impact Awards for Healthcare.
• 2023: Awarded the “Certificate of Recognition (Large Category)” by the Institute of Company Secretaries of India (ICSI) for persistent and innovative efforts in promoting CSR at the 7th ICSI CSR Excellence Awards.
• 2024: Awarded the “1000 Women Leaders Ally Award 2024” at the Ally Awards.
• 2024: Awarded the “Employers of the Future 2024” by Lead Up Universe & Outlook Business.
• 2024: Its Subsidiary, NSE Clearing Limited was awarded the “Outstanding Innovation in Asset Servicing” at the Asset Servicing Times Industry Excellence Awards.
• 2024: Awarded the “Relationship Management Team of the Year” award at the Asset Servicing Times Industry Excellence Awards.
• 2024: Awarded the “Best Infrastructure Platform in Asia” by Asia Asset Management at the Best of the Best Awards.
• 2024: Awarded for innovation by Red Hat Inc. at the Red Hat APAC Innovation Awards.
• 2024: Awarded the ‘Best BFSI Brand’ at the Times Group ET Best Brands.
• 2024: Its Subsidiary, NSE Clearing Limited was awarded in two categories for risk management and technology solutions at the India Risk Management Awards.
• 2024: Awarded the “Exchange of the Year” at the Regulation Asia Awards for Excellence.
• 2024: Its Subsidiary, NSE Data & Analytics Limited was awarded the “Innovation in finance” award at the 14th edition of Aegis Graham Bell Awards.
• 2025: Awarded as one of the “Best Brands 2025” by ET Edge, the Times Group
• 2025: Awarded the “Most-Effective Anti-Fraud Campaign- SEBI vs SCAM” at the e4M Maddies Award
• 2025: Its Subsidiary, NSE Clearing Limited was awarded the “Outstanding Innovation in Clearing Services” at the Asset Servicing Times Industry Excellence Awards
• 2025: Awarded the “Relationship Management Team of the Year” at the Asset Servicing Times Industry Excellence Awards.
• 2025: Its Subsidiary, NSE Clearing Limited was awarded the “Clearing House of the Year” and “Risk Management Solution of the Year” at the FOW MENA Awards.
• 2025: Awarded the “Exchange of the Year (Markets & Infrastructure category)” and its Subsidiary, NSE Clearing Limited was highly commended for “Collateral Management” at the Regulation Asia Awards for Excellence.
• 2025: Awarded two gold awards for “Best Induction Training Program” and “Best Leadership Development Program” at Tata Institute of Social Sciences LeapVault Chief Learning Officers Awards.
• 2026: Awarded the “Best Cybersecurity Practices in Capital Markets” award at the Economic Times Enterprise Security Awards
• 2026: Recognised as one of the “Most Innovative Organisation” under “Innovation in Exchange Technology” category at the ET Edge Most Innovative Organisations.
• 2026: Recognised as the “Most Trusted Workplace India 2026-2027” at the AET Summit.
• 2026: Recognised as the “Most Preferred Workplace 2026-2027” by Marksmen Daily.
• 2026: Recognised as “Brand of the Year 2026-27” and “Paragon of Branding Excellence” by Marksmen Daily.
• 2026: Awarded the “Industry Excellence Award” at the CMO ASIA Excellence Awards.
• 2026: Awarded the “Sustainable Infrastructure Leader” at the Data Innovation Awards by DataQuest.
• 2026: Its Subsidiary, NSE Foundation was awarded “Distinguished Leadership Honour” by Times Foundation at the National CSR Summit.
• 2026: Its Subsidiary, NSE Clearing Limited was awarded the “Innovation in Risk and Resilience” award at the Leaders in Custody Asia Awards.

History and milestones

• 1992: Incorporated as a public limited company under the name of ‘National Stock Exchange of India Limited’ under the Companies Act, 1956.
• 1993: Recognised as a stock exchange by the Ministry of Finance, Government of India.
• 1994: Commenced screen-based trading of securities.
• 1994: Launched the wholesale debt market segment.
• 1994: Launched the equity cash market segment.
• 1995: Established the investor protection fund trust.
• 1996: Created and administered a settlement fund Launched Nifty 50 Index.
• 1996:  Commenced trading and settlement in dematerialised securities.
• 2000: Commenced internet trading Launched an index futures based on the Nifty 50 index.
• 2001: Launched an index option based on the Nifty 50 index.
• 2001: Launched single stock futures and options on listed securities. 
• 2002: Launched exchange traded funds listings.
• 2005: Launched NIFTY Bank index derivatives.
• 2005: Number of listed companies crossed 1,000 mark.
• 2007: Market capitalisation of listed companies touched Rs 41.08 trillion ($1 trillion)
• 2007: NSE launched corporate bond market reporting platform (now known as CBRICS)
• 2007: Registered investor base reached 5 million unique investors
• 2007: NIFTY 50 crossed the 5,000 mark.
• 2008: Launched trading in currency futures.
• 2008: Its Subsidiary, NSE Clearing Limited launched the securities lending and borrowing scheme.
• 2009: Launched mutual fund service system (MFSS).
• 2009: Registered investor base crossed 10 million unique investors.
• 2010: Launched trading in currency options.
• 2012: Launched an SME-specific EMERGE platform for the listing and trading of securities of SMEs.
• 2013: Launched the debt segment.
• 2014: Launched the NSE NMF II platform for mutual fund distributors.
• 2014: Launched the NSE Bond Futures (NBF-II) in interest rate futures segment.
• 2014: Launched trading on India VIX index futures.
• 2016: Launched an electronic book-building platform for private placement of debt securities.
• 2016: Launched platform for sovereign gold bond issuances.
• 2016: Registered investor base crossed 20 million unique investors.
• 2016: Incorporated NSEIX, the international stock exchange in India’s first IFSC SEZ at GIFT City Gandhinagar, Gujarat.
• 2017: Market capitalisation of listed companies on NSE touched Rs 129.78 trillion ($2 trillion)
• 2017: NIFTY 50 crossed the 10,000 mark.
• 2017: NSEIX commenced live trading operation in June 2017.
• 2018: Launched currency derivatives on cross currency pairs.
• 2018: Launched commodity derivatives segment.
• 2018: Launched weekly option on Nifty 50.
• 2018: Launched tri-party repo of corporate debt securities.
• 2019: Launched interest rate options on Government of India bonds.
• 2019: NSE IX-SGX Connect received regulatory approval.
• 2019: Largest volume of derivatives contracts traded in the world in the calendar year 2019 based on Futures Industry Association statistics.
• 2020: Launched request for quote platform for execution and settlement of trades.
• 2020: Introduced trading of weekly futures and options contracts on currency pairs other than US Dollar - Indian Rupees.
• 2021: Launched futures and options on Nifty Financial Services Index.
• 2021: Registered investor base crossed 50 million unique investors.
• 2021: Number of listed companies crossed 2,000 mark.
• 2021: NIFTY 50 crossed the 15,000 mark.
• 2022: Registered investor base crossed 69 million unique investors.
• 2022: Launched futures and options contracts on Nifty Midcap Select Index.
• 2022: Inauguration of NSE IX-SGX Connect.
• 2023: First listing on NSE Social Stock Exchange
• 2023: NIFTY 50 crossed the 20,000 mark.
• 2023: SME companies listed on the NSE Emerge platform crossed ?1 trillion market capitalisation mark.
• 2023: Commodity derivatives launched on WTI Crude Oil and Natural Gas and base metals (Aluminium, Copper, Lead, Nickel, Zinc).
• 2023: Launched AMC Repo Clearing Limited (ARCL) Tri-party Repo Market Platform.
• 2024: Launched the beta version T+0 settlement in the equity segment.
• 2024: Launched Nifty Next 50 - futures and options.
• 2024: 2nd position in cash market trades in the calendar year 2024 and retained top position as the world’s largest derivatives exchange for the 6th consecutive year.
• 2024: On June 4, 2024, its platform processed a total of 293.85 million peak trades in a single day.
• 2024: Launched NSE India mobile app and multilingual website.
• 2024: NIFTY 50 crossed the 25,000 mark.
• 2024: Market capitalisation of listed companies on its platforms surpassed Rs 416.57 trillion ($5 trillion) for the first time.
• 2025: Launched electricity futures.
• 2025: Launched a dedicated website for municipal bonds.
• 2025: Unique investor base surpassed 110 million in January 2025 and Investor Accounts (Unique Client Codes - UCCs) surpassed 220 million in April 2025
• 2025: Launched an enhanced NSE MF Invest platform.
• 2025: Launched the whatsapp bot and apps for members and companies.
• 2025: Retained top position as the Exchange with the largest volume of derivatives contracts traded in the world based on Futures Industry Association statistics for the 7th consecutive calendar year.
• 2025: Became a global leader in capital raising - facilitated 220 IPOs in the calendar year 2025 - raising Rs 1.78 trillion ($20.26 billion) – amongst the highest in the world.
• 2025: NSE EMERGE marked its 650th SME listing milestone having raised over Rs 180,000 million since 2012.
• 2026: Unique registered investor base on its Exchange crossed 130 million.
• 2026: Received SEBI approval to invest in National Coal Exchange of India Limited.
• 2026: Processed 21.89 billion peak order messages in a single day and 201.00 million trades were executed on March 24, 2026.
• 2026: Launched brent crude oil (Platts) futures contracts based on platts dated brent benchmark of S&P Global Energy.
• 2026: Launched electronic gold receipts.
• 2026: Past Risk and Return Verification Agency (“PaRRVA”) commercially launched.
• 2026: Collaborated with Indian Gas Exchange Limited (“IGX”) for launch of natural gas futures based on IGX’s benchmark price index.
• 2026: Incorporated a Subsidiary, National Coal Exchange of India Limited.
• 2026: Launched closing auction session in the equity cash segment.
• 2026: Its Subsidiary, NSE Indices Limited launched Nifty500 Ahimsa Index.
• 2026: Its Subsidiary, NSE Indices Limited launched Nifty Sugar & Ethanol and Nifty Small Finance Banks & Microfinance Institutions indices.
• 2026: Its Subsidiary, NSE Indices Limited launched Nifty REITs & InvITs 90:10 Index.
• 2026: Launched Indian natural gas futures contracts in the commodity derivatives segment.
• 2026: Launched futures and options contracts on Nifty India FPI 150 Index.