Understanding the NSE: An Overview of Listed Companies and Market Indexes
The National Stock Exchange of India (NSE) is a prominent stock exchange in India, offering a wide range of trading opportunities for investors. As of August 2023, the NSE had over 1800 listed companies.
National Stock Exchange (NSE)
The National Stock Exchange (NSE) plays a pivotal role in the Indian financial market. It is one of the two major stock exchanges in India, alongside the Bombay Stock Exchange (BSE). The NSE was established in 1992 and is headquartered in Mumbai.
Nifty50 Index
One of the most significant aspects of the NSE is its market index, the Nifty50. The Nifty50 is a market-capitalization-weighted index that comprises the top 50 companies listed on the NSE. This index is widely regarded as a barometer for the overall performance of the Indian equity market.
Current Status of Companies on NSE
As of 26th June 2021, a total of 2030 companies were listed on the NSE. Among these, approximately 1600 companies were in active trading status. This number fluctuates due to new listings, delistings, and other market activities.
Comparison with BSE
The BSE, known as the Bombay Stock Exchange, also lists a large number of companies. According to the latest data, around 5000 companies are listed on the BSE, while the NSE hosts over 1600 companies. Both exchanges have a significant number of common stocks, enabling investors to choose from a diverse range of investment opportunities.
Active and Inactive Companies
As of 17th May 2021, the NSE was home to 1919 listed companies. Out of these, 1792 companies were in active trading status. The remaining companies were either deactivated or suspended due to issues like capital reduction or non-compliance with regulatory requirements.
Top Companies Based on Market Capitalization
Reliance Industries Limited holds the highest market capitalization at 126985361 Rs (in Lakhs). In contrast, Blue Chip India Limited has the lowest market capitalization, at 83 Rs (in Lakhs).
Resources and Updates
To stay updated with the latest information on the NSE and its listed companies, you can refer to the NSE's official website or recent financial news sources. Additionally, you can follow the NSE's channel on Telegram for stock ideas and educational content. Our channel, TradelearnwithHMofficial, offers insights and updates on stock trading and investment. You can also find us on Instagram and TradingView, where we share educational charts and plans to launch educational videos on YouTube.