Developments on the Exchange

DEVELOPMENTS ON THE EXCHANGE

NSE and NSCCL went live with the inagural session for Automatic Lending and Borrowing Mechanism (ALBM) for lending and borrowing of securities on February 10,1999. This is the first time an Indian agency approved by SEBI will be conducting the securities lending & borrowing transactions based on international practices.

Membership

890 trading members on the Capital Market segment, of which around 86% account for corporates and the remaining are individuals and firms. Out of these 890 trading members, 89 trading members are also members of Wholesale Debt Market segment, all of which are corporates and there are 7 trading members excclusively on Wholesale Debt Market Segment.

Geographic Distribution

Over 6839 trading terminals given to the members as on November 25, 1999
Over 2342 VSAT's across the country with a 24 hour Network monitoring system in over 291 cities as of November 01, 1999.

Number of Companies

On the Capital Market segment, Equity Shares of 685 companies are listed and 572 companies are permitted to trade as of October 31, 1999.
On the Wholesale Debt Market segment, 797 securities are listed and 517 securities are permitted to trade as of October 31, 1999. Of the 797 securities listed, 369 are Government Securities/T-Bills and the balance account for other securities.

Capital Market Operations

NSE is working to increase the capacity of the trading system from the present 4,00,000 trades per day to more than 10,00,000 trades per day.
The average daily numbers of trades have gone up from over 893 trades in November-94 to over 4,36,387 trades in October '99. On October 13,'99 the number of trades reached a record high of 5,64,653 which makes NSE one of the largest stock exchanges in the world
Average daily traded value has increased from Rs.7 crores in November-94 to more than Rs. 3439 crores in October '99 with a high of Rs.4851 crores recorded on October 13, '99
Number of shares traded has increased from 76.10 lakhs in November-94 to 26,100.43 lakhs in October '99.
Net traded value has increased from Rs.125 crores in November'94 to 72,216 crores in October '99.
The market capitalisation of companies has increased from Rs. 2,92,637 crores in November '94 to Rs. 6,70,062 crores in October '99.
Delivered value (settlement wise) has increased from Rs.60 crores in November -94 to Rs.9,333 crores in October '99.
Number of shares traded (depository segment) has increased from 200 shares in December-96 to 110.14 lakh shares in October '99.

Net traded value (depository segment) has increased from Rs.0.43 lakhs in December-96 to Rs.39,009.64 lakhs in October '99
The total turnover in the 3 Day market segment during October '99 was Rs. 1170.21 crores.

Total turnover in the shares traded under compulsory demat shares during October '99 was Rs. 52,055 crores

Clearing & Settlement

Completed 262 settlements successfully without any delay or postponement as on December 02, 1999.
Value of shares handled by the Clearing house per week has increased from Rs. 30 crores in November 1994 to over Rs.2432 crores per week in September 1999.
Inter-Region Clearing : NSCCL has Regional Clearing Centres at Delhi, Calcutta, Chennai and a Central Clearing Centre at Mumbai. Members have the option of delivering/receiving the securities at a clearing centre chosen by them.

Wholesale Debt Market Operations

The WDM segment commenced operations on June 30, 1994 with 224 securities carrying an outstanding debt value of Rs. 1,35,000 crores. This has now increased to 1306 securities with a market capitalisation of Rs. 4,58,541.35 crores as on September 30, 1999.

The highest daily traded value of Rs. 2434.00 crores recorded on August 06, 1999.

The net monthly traded value in the WDM segment increased from Rs. 1096.25 crores in July -94 to Rs. 26,957.09 crores in August' 99

Government securities along with Treasury bills together account for over 85% of the total market activity.

Home Media NewsPapers Television Radio Magazines Government Geography Maps States&UTs History Travel Art&Culture Art Dance Theatre Music Jewellery Festivals Astrology Business CreditCards Tax Career Banks StockExchange NSE BSE Entertainment Bollywood Tollywood Movies Music Food Shopping Sports Cricket Tennis Golf Adventure Sports National Info.