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Question
Explain National Stock Market System. (NSMS)
Short Note
Solution
NSMS was advocated by the High powered group on the Establishment of New Stock Exchanges headed by M.J. Pherwani.
At present, NSMS comprises the following
- National Stock Exchange of India Limited – NSE
- Stock Holding Corporation of India Limited – SHCIL
- Securities Trading Corporation of India – STCI
- National Clearing and Depository System – NCDS
- National Securities Depository Limited – NSDL
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Recent Development in Stock Exchange
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