As we all know, NSE Stands for National Stock Exchange of India was promoted by major financial institutions and ordered by Indian government. NSE was established in 1992 but recognized in 1993 as a Stock Exchange under government’s terms and norms. In 1994 NSE begin operations in the WDM (Wholesale Debt Market) and Equities market segment as well. In 2000 they started operations in the Derivatives segment. It is completely automated electronic order processing exchange. NIFTY50 is a major index of NSE.
Now about BSE that stand for Bombay Stock Exchange Limited is the oldest stock exchange in Asia with 4000 scripts listed in it. BSE was established in 1875 as “The Native Share & Stock Brokers Association”. It was the first stock exchange in the country to get permanent recognition in 1956 from the Indian Government under the Securities Contracts (Regulation) Act, 1956. In 2005 it is notified by SEBI (Securities and Exchange Board of India). SENSEX is an abbreviation of the Bombay Exchange Index, the benchmark index of the Bombay Stock Exchange (BSE). It is composed of 30 of the largest and most actively-traded stocks on the BSE.
BSE has more than 874 members-brokers across the country while NSE has more than, 1000 members.
As we told that the main Index of BSE is SENSEX while CNX Nifty is of NSE. Here are some other indices at BSE are: BSE 500, BSE 100, BSE 200, BSE PSU, BSE MIDCAP, BSE SMLCAP, BSE BANKEX, BSE Teck, BSE Auto, BSE Pharma, BSE Fast Moving Consumer Goods (FMCG), BSE Consumer Durables (SYMBOL: Cons Dura), BSE Metal.
Indices at NSE are: S&P CNX Nifty, CNX Nifty Junior, CNX 100 (= S&P CNX Nifty + CNX Nifty Junior), S&P CNX 500 (= CNX 100 + 400 major players across 72 industries), CNX Midcap.
With the help of below chart you can understand better the main difference b/w BSE & NSE.