The National Stock Exchange of India Limited (NSE), is a Mumbai-based stock exchange. It is the biggest stock exchange in India and the third biggest in the world in terms of amounts of transactions.[1] NSE is mutually-owned by banks, insurance companies and other financial intermediaries in India but its ownership and management operate as separate groups.[2] As of 2006, the NSE VSAT terminals, 2799 in total, covered more than 1500 cities across India.[3] In July 2007,it had a total market capitalization of 42,74,509 crore INR making it the second-largest stock market in South Asia.[4]
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