National Stock Exchange Of India

Brokers with access to the National Stock Exchange (NSE) of India offer trading on the country’s largest financial market. Launched in 1994, the NSE is the principal stock exchange in India with a market capitalization of more than USD 3 trillion, making it the 10th largest stock exchange in the world. This guide will explain how to review the top NSE brokers in 2024, along with comparison tips. Our trading tutorial also explains how to start investing on the National Stock Exchange of India, from opening hours to strategies and market data.

Top National Stock Exchange Of India Brokers

These are the 5 best brokers for trading on the National Stock Exchange Of India:

#1 - eToro

Why We Chose eToro

eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 76% of retail accounts lose money.

"eToro's social trading platform leads the pack with a terrific user experience and active community chat that can help beginners find opportunities. There are also competitive fees on thousands of CFDs and real stocks, plus excellent rewards for experienced strategy providers."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities, Bonds
  • Regulator: FCA, ASIC, CySEC, FSA, FSRA, MFSA
  • Platforms: eToro Web, CopyTrader, TradingCentral
  • Minimum Deposit: $50
  • Minimum Trade: $10

Stock Exchanges

eToro offers trading on 24 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Borsa Italiana
  • CAC 40 Index France
  • DAX GER 40 Index
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Korean Stock Exchange
  • London Stock Exchange
  • Nasdaq
  • Nasdaq Nordic & Baltics
  • National Stock Exchange Of India
  • New York Stock Exchange
  • Russell 2000
  • S&P 500
  • SIX Swiss Exchange
  • Shanghai Stock Exchange
  • Taiwan Stock Exchange
  • Tokyo Commodity Exchange

Pros

  • There's a comprehensive online training academy with accessible resources, from bitesize articles to comprehensive courses
  • Charts are powered by TradingView and offer strong technical analysis features, including 9 chart types and over 100 indicators
  • The broker's services are great for beginners, with commission-free stock trading, a low minimum deposit and an unlimited demo

Cons

  • The lack of additional charting platforms like MT4 will reduce the appeal for seasoned day traders accustomed to using third-party software
  • Traders will face currency conversion fees for account denominations other than USD
  • There are no guaranteed stop loss orders which would be a useful risk management feature for beginners

#2 - Skilling

Why We Chose Skilling

Skilling is a multi-asset broker founded in 2016 and based in Cyprus. The brand offers hundreds of day trading instruments with competitive spreads from 0.1 pips and beginner-friendly platforms. Skilling are also regulated in Europe and beyond with a transparent pricing structure. You can sign up and start trading in three easy steps.

"Skilling maintains its position as a top pick for beginners looking for a competitive zero commission account with direct access to a copy trading feature. It will also serve experienced strategy providers looking to earn commissions, or anyone looking to trade forex during extended hours."

- DayTrading Review Team
  • Instruments: Forex, CFDs, Stocks, Indices, Commodities and Cryptos
  • Regulator: CySEC
  • Platforms: Skilling Trader, MT4, cTrader, TradingView
  • Minimum Trade: 0.01 Lots

Stock Exchanges

Skilling offers trading on 17 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Borsa Italiana
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • IBEX 35
  • Japan Exchange Group
  • London Stock Exchange
  • Nasdaq
  • Nasdaq Nordic & Baltics
  • National Stock Exchange Of India
  • New York Stock Exchange
  • S&P 500
  • SIX Swiss Exchange

Pros

  • Skilling continues to strengthen its investment offering recently introducing weekend forex trading on 7 currency pairs
  • The broker offers smooth account funding with a good range of payment methods with zero deposit fees
  • The broker has a solid global reputation and is regulated by top-tier authorities including the CySEC

Cons

  • You can only access shares in the Skilling Trader platform and fewer instruments are available overall in the MT4 accounts
  • Skilling trails alternatives like IG when it comes to research tools that can help day traders make informed decisions

#3 - IG

Why We Chose IG

Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.

"IG continues to provide a comprehensive package with an intuitive web platform and best-in-class education for beginners, plus advanced charting tools, real-time data, and fast execution speeds for experienced day traders."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
  • Regulator: FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA
  • Platforms: Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral
  • Minimum Deposit: $0
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail), 1:250 (Pro)

Stock Exchanges

IG offers trading on 20 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Bombay Stock Exchange
  • Borsa Italiana
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Korean Stock Exchange
  • London Stock Exchange
  • National Stock Exchange Of India
  • Russell 2000
  • S&P 500
  • SIX Swiss Exchange
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange
  • Tadawul
  • Taiwan Stock Exchange
  • Toronto Stock Exchange

Pros

  • The proprietary web-based platform continues to caters to traders of all levels, with advanced charting tools and real-time market data useful for day trading
  • IG offers an extensive collection of professional and engaging educational resources, including webinars, articles, and analysis
  • IG is amongst the best in terms of its range of instruments, which includes stocks, forex, indices, commodities, and cryptocurrencies, providing ample diversification opportunities

Cons

  • Stock and CFD spreads still trail the cheapest brokers like CMC Markets based on tests
  • IG has discontinued its swap-free account, reducing its appeal to Islamic traders
  • While there is negative balance protection in the UK and EU, there is no account protection or guaranteed stop losses for US clients

#4 - Vantage

Why We Chose Vantage

Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.

"Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds
  • Regulator: FCA, ASIC, FSCA, VFSC
  • Platforms: ProTrader, MT4, MT5, TradingView, DupliTrade
  • Minimum Deposit: $50
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:500

Stock Exchanges

Vantage offers trading on 14 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Bombay Stock Exchange
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • IBEX 35
  • Japan Exchange Group
  • London Stock Exchange
  • Nasdaq
  • National Stock Exchange Of India
  • S&P 500

Pros

  • The low minimum deposit of $50 and zero funding fees make this broker a great choice for new traders
  • Vantage caters to hands-off investors with beginner-friendly social trading via ZuluTrade & Myfxbook
  • There are no short-term strategy restrictions with hedging and scalping permitted

Cons

  • It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection
  • A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side
  • The average execution speeds of 100ms to 250ms are slower than alternatives based on tests

#5 - VT Markets

Why We Chose VT Markets

Founded in 2015, VT Markets maintains its position as a top Australian multi-asset CFD broker. With 1000+ tradeable instruments and support for the MetaTrader 4 and MetaTrader 5 platforms, this broker delivers a wide range of day trading opportunities to over 200,000 clients worldwide. VT Markets is regulated by the ASIC, FSCA, and SVGFSA.

"VT Markets is a great choice for regular traders who are looking for very tight spreads and powerful charting software. The broker's share CFD offering is particularly strong, with hundreds of commission-free assets spanning multiple global markets."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Commodities, Stocks, Indices
  • Regulator: ASIC, FSCA, SVGFSA
  • Platforms: MT4, MT5, TradingView, TradingCentral
  • Minimum Deposit: $200
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:500

Stock Exchanges

VT Markets offers trading on 11 stock exchanges:

  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • National Stock Exchange Of India
  • S&P 500

Pros

  • Spreads are competitive based on tests, coming in at 0.2 pips for EUR/USD in the ECN account, aligning with top brands like Pepperstone
  • You can open an account in less than 5 minutes with just a $100 starting deposit
  • A proprietary copy trading service, VTrade, is available on two platforms, with access to 100+ providers

Cons

  • The broker’s bonus schemes have stringent terms and conditions, including restrictions on minimum deposits and payment methods used
  • Unlike similar brands like Fusion Markets, VT Markets does not offer crypto trading

Comparing NSE Brokers

The first step to trading on the NSE is choosing an online brokerage. Brokers with access to the National Stock Exchange of India facilitate market analysis and trade executions. However, the fees charged and the trading tools provided will differ, along with the regulatory oversight and customer support. Below is a checklist of the key things to consider when choosing between NSE brokers.

What Is The NSE Of India?

The NSE is India’s largest financial market and premier marketplace for companies preparing to list on a major exchange. It was the country’s first electronic exchange to trade derivatives and exchange-traded funds (ETFs) and provide a fully automated screen-based electronic system. In 2021, the NSE was also the world’s largest derivatives exchange by trading volume. It is ranked 4th in the world in equity volume.

The NSE market’s products are organized into three asset classes: the capital market for the listing and trading of equities, the fixed-income securities market, and the derivatives market. Look out for these on your NSE brokers’ platform. The National Stock Exchange of India’s products offer trading, investment, clearing and settlement services in the following sectors:

The NSE flagship index is the NIFTY 50, which tracks the largest assets in the Indian equity market. It is used extensively by investors in India and around the world.

To summarize, the NSE’s business model comprises exchange listings, investment services, indices, market data feeds and financial education services.

A Brief History

The National Stock Exchange of India was incorporated in 1992 in Mumbai by a group of financial institutions, much to the dislike of the Indian government. The exchange was created to encourage transparency in the Indian equity markets so that trading memberships could be extended beyond a group of NSE brokers.

The NSE was first recognized as a stock exchange in April 1993 and began operating in 1994. It was the first exchange in India to offer electronic or screen-based trading, offering easy investment facilities to traders across the country. The NSE was also a key player in the creation of the National Securities Depository Limited (NSDL), which enables investors to securely hold and transfer their shares and bonds online. The NSDL’s security, combined with NSE’s transparency, low transaction prices and efficiency, make the Indian stock market an attractive option for local and foreign investors.

The NSE is now ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995.

However, unlike countries like the US, the corporate sector in India only accounts for 12-14% of the country’s national GDP. Only 4,000 listed companies trade on the NSE, accounting for only around 4% of the Indian economy.

In 2021, NSE markets were launched that featured weekly futures and options (F&O) contracts on forex pairs, including EUR/INR, GBP/INR and JPY/INR. The exchange also launched its first commodity options contracts on gold and silver.

NSE Corporate Structure

The NSE Group has grown over the past 25 years, establishing various subsidiaries to provide additional product offerings beyond traditional listing and investment services:

NSE Academy

The National Stock Exchange of India has developed a variety of learning and training opportunities. NSE Academy Limited is a subsidiary of NSE Investments Limited and was set up to promote financial literacy. It has collaborated with several universities in India to offer MBA and BBA courses. The NSE has also created mock market simulator software called NSE Learn to Trade (NLT). The software helps users to develop and practice their investment and portfolio management skills.

Under its Certification in Financial Markets (NCFM) programs, the NSE group conducts online exams for beginners as well as advanced traders. Currently, there are 46 certifiable modules listed on the NSE website, which cover several sectors across financial and capital markets.

Since August 2009, the NSE has offered a short-term course called NSE Certified Capital Market Professional (NCCMP). The course is a 100-hour program conducted over three or four months. During the course, students receive theoretical and practical training in capital market-related subjects such as equity markets, debt markets, technical analysis and fundamental analysis.

Note, the best NSE brokers also offer beginner-friendly training materials.

Other Subsidiaries

NSE Indices

Since September 2016, the NSE has owned and managed a portfolio of 67 indices under the NIFTY brand. NIFTY indices are broad-market indices that are used as benchmarks for products trading on NSE and served as the benchmark index for 38 ETFs listed in India and 12 ETFs listed abroad. Importantly, not all NSE brokers offer access to each NIFTY index.

NIFTY 50

The NIFTY 50 is an index of 50 of the largest companies listed on the National Stock Exchange of India, and the index you are most likely to come across when investing with NSE brokers. It is widely used by traders to assess the performance of the stock market as a whole because it covers stocks across 14 different sectors of the economy. It represents about 66% of the free-float market capitalization of the stocks listed on the NSE.

It is used for a variety of purposes such as benchmarking fund portfolios, index-based derivatives and index funds. NIFTY 50 is ideal for derivative investments such as futures and options.

Other Indices

On top of the well-known NIFTY 50 index there exist other important indices within the NIFTY umbrella to look out for on your NSE brokers’ platform, including:

Platforms

NSE has a pan-India, high-speed network that is supported by more than 181,500 terminals. Its platforms include:

The NSE is determined to provide members with a robust platform for issue-free investing, whether that be directly or with NSE brokers. To ensure this, the National Stock Exchange of India conducts contingency drills or mock sessions to test its recovery and response mechanisms. The NSE advises that the large-scale participation of members is key to the success of the testing session. To allow participants time to plan, the NSE provides a mock schedule, of which the 2024 calendar is currently available.

NSE Vs BSE

The Bombay Stock Exchange (BSE) is another Indian stock exchange, located in Mumbai. It was established in 1875, making it older than the NSE and South Asia’s second-oldest stock exchange. It is the 9th largest stock exchange in the world and was the first to be recognized by the Indian Government under the Securities Contracts Regulation Act.

However, with a 98% market share, the NSE is India’s leading stock exchange. The BSE has a 2% share despite being the older of the two. The BSE promotes equity, debt instruments, mutual funds, currencies and derivatives while the NSE promotes equity, equity derivatives, debt and currency derivatives segments.

The NSE was forced to halt trading across brokers like Zerodha in February 2021 after a glitch froze stock and index prices. Investment opportunities were halted after prices stopped updating and all open orders were canceled by the exchange. Its rival, the BSE, continued to function without any issues. Regular NSE investing resumed four hours later and the exchange revised its opening hours as a result. However, technology glitches have affected other exchanges, including the US’ Nasdaq.

Market Opening Hours

The National Stock Exchange of India uses the India Standard Time (IST) timezone, which does not observe daylight saving time. The MIC code for the India National Stock Exchange is XNSE. This MIC may encompass multiple trading venues with distinct hours, holidays, rules and securities.

The NSE investment window is 6 hours 15 minutes per day. The NSE does not have pre-market or after-hours sessions, which is reflected by all NSE brokers. The NSE’s trading hours are listed below.

Investments on the NSE are permitted Monday to Friday and are not available on Saturday and Sunday nor public holidays, as specified on the NSE website.

However, market timings do vary. For example, Securities Lending & Borrowing and Currency Derivatives markets are open for an extra hour, until 17:00 IST, while commodity derivatives close at 23:30 IST.

Ultimately, the NSE market opening hours and holidays differ between the different markets, such as equity trading, futures & options (F&O) and others, so it is best to check the NSE website in advance. The top brokers with access to the National Stock Exchange also publish opening hours in their platforms.

NSE Holidays

The number of trading days in a year can vary based on the number of weekends and national holidays. Online calculators can help you figure out how many days there are in 2024.

Zerodha, one of India’s biggest brokers, posts a list of holidays for every calendar year for stock exchanges in India, including the NSE and the BSE. It has provided holiday calendars for 2021 and 2022, for example, as the days change every year. The NSE is normally closed on these holidays.

However, Muhurat trading is the auspicious hour in the Indian stock market on Diwali. It is usually announced by exchanges like the NSE who notify investors of the non-scheduled  hour. As Diwali marks the beginning of a New Year, Muhurat trading is believed to bring wealth and prosperity for the year ahead.

NSE Rules & Regulation

The Securities and Exchange Board of India (SEBI) is the regulatory authority and principal regulator for stock exchanges in India, including the NSE. SEBI’s primary functions include protecting investor interests, and promoting and regulating the Indian securities markets.

As an entity regulated by SEBI, the NSE undergoes regular inspections to ensure compliance and must set out rules and regulations to govern the securities market. These extend to member registration, securities listing, transaction monitoring, compliance by members to SEBI regulations and investor protection.

As outlined above, when comparing NSE brokers, ensure they provide an adequate level of consumer protection. This typically comes from those NSE brokers with top-tier regulatory oversight.

Listing Process

Listing of securities can be done in either Capital Market or Wholesale Debt Market. There are some key requirements that companies must meet in their National Stock Exchange of India trading application. Some of the important registration standards include:

However, in September 2012, a new NSE platform was launched. NSE EMERGE is an initiative for small and medium-sized businesses (SMEs) and startup firms in India.

Membership

The NSE has introduced various eligibility requirements that its members must meet to trade on the exchange. All members of the NSE must register themselves with the Securities and Exchange Board before commencing operations. Along with the relevant member fees and security deposit, the applicant must adhere to various rules:

How To Start Day Trading On The NSE

Strategy

Having a well-thought-out strategy can make a significant difference to the profit you take home at the end of an NSE trading day. In today’s world of stock charts and market data, using technical analysis effectively is key. The right chart will make vital information like historical price data clearer so you can better interpret market patterns, allowing you to predict future price movements.

Investors often follow FII (foreign institutional investors) and DII (domestic institutional investors) trading activity to help inform their investment decisions. FIIs and DIIs are key players in the market, maintaining market liquidity and, in recent years, changes in ownership of Indian equities have occurred where control has shifted from FIIs to DIIs. FIIs look at the global market while DIIs are essential for strengthening the domestic Indian market where participation is low.

As part of its Certification and Programs offering, the NSE offers various courses enabling students to learn how to practically implement various strategies, including live strategies and intraday systems in the equity, forex and commodities markets. The strategy course fees typically range between INR 15,000 and 20,000.

Choose A Stock

A key aspect of investing on the NSE is screening the stocks to trade to determine which of the thousands of companies will provide maximum profit potential. The decision between choosing popular stocks versus IPOs is a big one.

Things to consider when choosing stocks are volume (the total number of shares being traded within a certain time), volatility (how risky and unpredictable are they), and how you can apply these. The NSE publishes a list of its top 20 gainers and losers on any index on its website and TradingView.

This information will also be offered by some of the top NSE brokers. Look out for financial metrics, and the latest company news. These currently include Mahindra & Mahindra Limited (M&M) and Reliance Industries Limited (Reliance). It is also possible to see which companies’ stocks and shares are trading at a 52-week low.

NSE Trading Tips

Demo Account

The NSE offers a free F&O virtual investment account and interface called NSE Paathshaala. This allows traders to practice their strategies in real-time market values and is particularly useful for beginners who want to try out virtually before parting with actual money.

Traders are given a 5 lakhs (500,000 rupees) limit to practice with, similar to the paper trading profiles you will find on your NSE brokers’ websites. The portal uses the NSE Now (NEAT On Web) platform, which is similar to the Zerodha interface.

News

The latest news can impact NSE indices’ price movements. Successful traders need to keep updated with the news today as it can give them a competitive edge ahead of the next day.

NSE investment WhatsApp and Telegram channels and groups are also a good source of news, calls, ideas and stock market tips for tomorrow for every type of trading on NSE, whether F&O or intraday. Some NSE brokers will also host community forums for like-minded investors to share ideas and insights.

NSE Insider Data

NSE (and BSE) publish insider trading data on their websites. This data can be valuable for stock market investors as company insiders, such as promotors and top management, are more exposed to the ins and outs of the company’s plans. Insider trading activity can offer clues on how companies will perform and so traders should keep an eye on what company insiders are doing with their shares. So long as the information has been made public, this is not considered to be illegal.

Risk Management

If you intend to trade in F&Os, it’s important to know that the NSE, like many other stock exchanges, imposes a securities ban at certain times. During the ban periods, traders are not permitted to open new positions in stocks under the ban but they may reduce their position. The ban prevents excessive speculative activity and is imposed when the aggregate open interest of a stock crosses 95% of the market-wide position limit.

Educational Resources

As markets and instruments change and evolve, traders must learn to adapt at the same time. Fortunately, there are a plethora of resources to help you improve your skills and knowledge. As mentioned, the NSE Academy provides its own courses and programs but there are others out there for you to use. Books and ebooks on the NSE are handy tools. Similarly, downloadable PDFs can guide you through options trades, for example, and various price charts on the NSE.

Alternatively, the best NSE brokers will provide comprehensive educational resources suitable for both new and experienced traders.

Automation

Algo (algorithmic) or auto robot investing has become increasingly popular in India and is available on the NSE. Automated trading can take out the emotion of investing and reduce the risk of making irrational decisions that could ultimately damage your profits. Look out for this advanced investment feature at NSE brokers. Algo trading automates investments via APIs so you do not have to sit and monitor the markets all the time.

Journals

You may want to consider keeping an investment journal as a way of monitoring and improving your NSE trading performance. You can keep a record of your journal in an Excel spreadsheet or via NSE brokers’ platforms by making a note of the following:

With all this information in one place, you can better analyze your performance and identify any problems today, rather than tomorrow.

Final Word On NSE Brokers

The NSE is India’s leading stock exchange. It has always been a pioneer in Indian financial markets, being the first electronic order book to trade derivatives and ETFs. It consistently aims to assess and improve its platforms, systems and operations and continues to introduce helpful features for traders. It is ranked 4th in the world by equity volume. The NIFTY indices continue to house some of the largest Indian companies and will continue to change.

If you want to be successful when NSE trading, consider the tips outlined in this guide, whilst also investigating the various online resources available. Head to our list of the best NSE brokers to start trading today.

FAQs

What Are The Main Indices Of The NSE?

The NIFTY 50 lists 50 of the largest companies on the National Stock Exchange of India. Many investors in India use it to gauge the stock market as a whole, as it covers companies across 14 different sectors and represents about 66% of the free-float market capitalization of the stocks listed on the NSE. The NIFTY 100 represents the top 100 companies and is a combined portfolio of the NIFTY 50 and NIFTY Next 50. The NIFTY 500 Index tracks the 500 largest stocks on the NSE markets. Not all brokers with access to the National Stock Exchange of India will offer each index.

What Segments Are Offered By The NSE?

The NSE offers the following segments: Capital Market, Equity Derivatives, Currency Derivatives /IRF and Debt. These create exciting opportunities to trade via registered NSE brokers.

Is The NSE Of India Open For Weekend Investments?

No, you cannot trade on the NSE on Saturday or Sunday. Market opening hours are only open Monday to Friday, excluding any additional holidays. This information will be reflected within your NSE brokers’ integrated calendar. With that said, Muhurat means investors can trade on Diwali for one hour.

Can I Trade On The NSE Without A Broker?

Generally, retail investors cannot trade on the NSE without online brokers. You need an investment account with regular or discount brokers such as Zerodha. It was reported in 2020 that SEBI was considering allowing direct market access (DMA) to retail investors. Some investors have also reported trading with Finvasia, which allows users to trade in all major exchanges like the NSE.

Which Is Better For Day Trading, The NSE Or BSE?

While the National Stock Exchange (NSE) is the biggest in India, the Bombay Stock Exchange (BSE) is the oldest. The NSE has more trading volume, meaning more buyers and sellers for stocks are available. The NSE also has more liquidity than the BSE. However, the BSE has a bigger list of stocks available. The BSE is great for beginners while the NSE is more suited to experienced day traders.