An overview of list of Stock Exchanges in India (Updated 2022): Most of the Indian investing population have heard of only two stock exchanges in India – the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). However, the list of stock exchanges in India is bigger than just two.

Apart from BSE and NSE, a few of the other popular stock exchanges in India are the Calcutta Stock Exchange, Magadh Stock Exchange, Metropolitan Stock Exchange of India, etc.

In this post, we are going to highlight the major stock exchanges in India which are registered with the Securities and exchange board of India (SEBI) and are currently active. We’ll also share a list of different commodity derivative exchanges in India.

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What is the Stock Exchange?

Before we dive deep into stock and commodity exchange, first of all, let’s understand what is an exchange.

An exchange is an organization or association which hosts a market where stocks, bonds, futures and options, commodities, etc are traded. Here, buyers and sellers come together to trade financial instruments during specific hours of business days. (Also read: Stock market timings in India).

A stock exchange is a facility where stocks are traded. Please note that stock exchanges do not own the stocks (similar to the vegetable market where the market doesn’t own the vegetables but connects the buyers and sellers of vegetables at a location).

To trade in a stock exchange, the companies must be listed there. The exchange imposes rules and regulations on the firms & brokers for efficient trading and provides the facility for the issue and redemption of securities. (Also read: How does the stock market work?)

Those companies which are not listed on the stock exchanges are traded Over the Counter (OTC). These are the smaller, riskier, and less liquid companies. Generally, they do not meet the requirements of getting listed on the stock exchanges and hence trade over the counter.

Two Popular Stock Exchanges in India

Now, let us first discuss the two of the largest stock largest exchanges in India – the Bombay Stock Exchange and the National Stock Exchange.

— Bombay Stock Exchange

Bombay Stock Exchange (BSE) is an Indian stock exchange located at Dalal Street, Mumbai, Maharashtra.

  1. It was established in 1875 and is Asia’s oldest stock exchange.
  2. The BSE is one of the world’s largest stock exchanges with an overall market capitalization of $3.2 trillion as of July 2022.
  3. A total number of 5,246 companies are listed on BSE.

— National Stock Exchange

The National Stock Exchange (NSE) is the leading stock exchange in India, located in Mumbai, Maharashtra, India. It was started to end the monopoly of the Bombay Stock Exchange in the Indian market.

  1. NSE was established in 1992 as the first demutualized electronic exchange in the country.
  2. It was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system that offered an easy trading facility to investors spread across the length and breadth of the country.
  3. NSE has a total market capitalization of more than US$3.2 trillion, making it one of the top 10 largest stock exchanges in the world.
  4. NSE’s index, the NIFTY 50, is used extensively by investors in India and around the world as a barometer of the Indian capital markets.
  5. It has more than 2,000 listed companies.

Quick Read

BSE and NSE – Why are there two Stock Exchanges in India?

National Stock Exchange (NSE) | Stock Exchanges in India

Difference between Stock and Commodities Exchanges

The stock exchange is a place where the piece of ownership in businesses (i.e. stocks) are bought and sold among the traders. On the other hand, a commodity exchange is a market where goods that come from the earth like gold, silver, corn, soybeans, oil, cattle, coffee, pork, etc are traded among the buyers and sellers.

An important difference between both these markets is that commodity exchanges are not just for investment purposes, but also for the business purpose to carry out operations.

The complete list of Stock Exchanges in India

Here is the list of existing stock exchanges in India as of March 2022.

Sr. No.NameAddressValid Upto
1BSE Ltd.Address: P J Tower, Dalal Street, Mumbai 400023 Website: http://www.bseindia.comPERMANENT
2Calcutta Stock Exchange Ltd.Website:
3India International Exchange (India INX)India International Exchange IFSC Limited, 101, First Floor, Hiranandani Signature Tower, GIFT City IFSC Ð 382355, Gujarat, India.Website: 28, 2018
4Magadh Stock Exchange Ltd.SEBI vide order dated September 3, 2007 refused to renew the recognition granted to Magadh Stock Exchange Ltd.PERMANENT
5Metropolitan Stock Exchange of India Ltd.Website: 02, 2019
6National Stock Exchange of India Ltd.Address: Bandra Kurla Complex, Bandra (East) Mumbai 400051 Website: https://www.nseindia.comPERMANENT
7NSE IFSC Ltd.NSE IFSC LIMITED, Unit No. 46 Ð 53, 1st Floor, GIFT Aspire One Business Centre, Block 12, Road 1-D Ð Zone 1, GIFT SEZ, Gandhinagar 382355. Website: 28, 2019

Quick Note: The following exchanges have been granted exit by SEBI vide orders

  • The Hyderabad Securities and Enterprises Ltd (erstwhile Hyderabad Stock Exchange),
  • Coimbatore Stock Exchange Ltd,
  • Saurashtra Kutch Stock Exchange Ltd,
  • Mangalore Stock Exchange,
  • Inter-Connected Stock Exchange of India Ltd,
  • Cochin Stock Exchange Ltd,
  • Bangalore Stock Exchange Ltd,
  • Ludhiana Stock exchange Ltd,
  • Gauhati Stock Exchange Ltd,
  • Bhubaneswar Stock Exchange Ltd,
  • Jaipur Stock Exchange Ltd,
  • OTC Exchange of India,
  • Pune Stock Exchange Ltd,
  • Madras Stock Exchange Ltd,
  • U.P.Stock Exchange Ltd,
  • Madhya Pradesh Stock Exchange Ltd,
  • Vadodara Stock Exchange Ltd,
  • Delhi Stock Exchange Ltd
  • Ahmedabad Stock Exchange Ltd.

The above exchanges have been granted exit by SEBI vide orders dated January 25, 2013, April 3, 2013, April 5, 2013, March 3, 2014, December 08, 2014, December 23, 2014, December 26, 2014, December 30, 2014, January 27, 2015, February 09, 2015, March 23, 2015, March 31, 2015, April 13, 2015, May 14, 2015, June 09, 2015, November 09, 2015, January 23, 2017, and April 02, 2018, respectively.

(Source: Securities and exchange board of India)

Calcutta stock exchange | Stock Exchanges in India

List of Commodity Derivative Exchanges in India

Here is the list of commodity derivative exchanges in India as of March 2022.

Sr. No.NameAddressValid Upto
1Ace Derivatives and Commodity Exchange LimitedAddress: Rawat-ni-wadi, Nr.Central Bank of India, Gandhi Road, Ahmedabad-380001 Website:
2Indian Commodity Exchange LimitedAddress: Reliable Tech Park, 403-A, B-Wing, 4th Floor, Thane-Belapur Road, Airoli (E), Navi Mumbai-400708Website:
3Multi Commodity Exchange of India Ltd.Address: Exchange Square, CST No.225, Suren Road, Andheri (E), Mumbai-400093 Website:
4National Commodity & Derivatives Exchange Ltd.Address: Akruti Corporate Park,1st Floor, Near G.E.Garden , L.B.S. Marg, Kanjurmarg(West), Mumbai 400 078 Website:
5National Multi Commodity Exchange of India Limited.Address: 5,4th Floor,H.K. House, B/h JivabhaiChambers,Ashram Road, Ahmedabad.-380009 Website: http://www.nmce.comPERMANENT

Note:(#) Pursuant to Section 131 of Finance Act, 2015, and Central Government notification F.No. 1/9/SM/2015 dated 28th August 2015 all recognized associations (Commodity derivatives exchanges) under the Forward Contracts (Regulation) Act, 1952 (FCRA) as of September 28, 2015, are deemed to be recognized stock Exchanges under the Securities Contracts (Regulation) Act, 1956 (SCRA).

(Source: Securities and exchange board of India)

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Closing Thoughts

The stock exchange is a place where buyers meet sellers to trade securities. Two large and popular stock exchanges in India are the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

To get listed on the stock exchange, the companies must meet the basic requirements and guidelines. Further, Over the Counter (OTC) is a place where unlisted stocks can be bought or sold.

That’s all for this post. Hopefully, you have liked the article. Do let us know which stock and commodity exchange you use for investments. Happy Investing!

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