A short information about Indian Stock Market

Stock Market is a place where people buy or sell shares of publically listed companies. It offers a platform to facilitate seamless exchange of shares. There are two main stock exchanges in India where the majority of the trade takes place - the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). NSE, located in Mumbai, and established in 1922 is the leading stock exchange in India. National Security Clearing Corporation Ltd (NSCCL) and Indian Clearing Corporation Ltd (ICCL) are the subsidiaries of the National Stock Exchange and Bombay Stock Exchange respectively. They ensure guaranteed settlement of transactions carried in stock exchanges. The clearing corporation ensures there are no defaults either from the buyers' or sellers' side.

Securities Exchange Board of India (SEBI) is the regulatory body of the Indian Stock Markets. The main objective of SEBI is to protect the interest of retail investors, promote the development of stock exchanges, and regulate the activities of financial intermediaries and investors in the market. SEBI ensures that the stock exchanges (BSE and NSE), brokers and sub-brokers conduct their business fairly, the corporate houses do not use markets as a mean to unfairly benefit themselves, the rights of small retail investors are protected and that the large scale investors with enormous cash do not intend on manipulating markets.