BSE Limited

NSE was set up in 1992 at the Government’s instance to bring screen-based trading to India and began operations in 1994 from Exchange Plaza in Bandra Kurla Complex.

MCX, set up in 2003 and run from Exchange Square in Andheri East, is India’s largest commodity derivatives exchange, trading gold, silver, crude oil, natural gas, copper and other metals.

SEBI is the regulator of the securities market, set up in 1988 and given statutory powers in 1992; its head office is SEBI Bhavan in Bandra Kurla Complex.

CDSL, promoted by BSE in 1999 and listed since 2017, is the larger of India’s two securities depositories by number of accounts, holding investors’ shares in electronic form; its head office is Marathon Futurex in Lower

NSDL, set up in 1996 as the first depository in India, holds the larger share of securities by value and is run from Trade World in Kamala Mills, Lower Parel; it listed on the exchanges in 2025.

NCDEX, set up in 2003 with its office in Bandra Kurla Complex, is the exchange for agricultural commodities — guar, chana, jeera, castor seed, cotton and the like — and the price reference for India’s farm markets.

Anand Rathi, founded in 1994 by Anand Rathi, is a Mumbai financial group with broking, commodity and currency broking, wealth management (listed as Anand Rathi Wealth) and investment banking, headquartered at Express Zon

Nirmal Bang, founded in 1986, is a Mumbai broking house at Marathon Futurex, Lower Parel, in equity, commodity and currency broking with a large franchisee network.