Indian Stock market has two leading stock exchanges – BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). Both of these exchanges have considered the scrips to provide distinction and ease. Despite that, sometimes it may appear confusing to beginners in Stock Market. In this post, let’s understand what NSE series are.

NSE Series – The National Stock Exchange (NSE) started trading in the equities segment (Capital Market segment) on November 3, 1994. Within a short span of 1 year became the largest exchange in India in terms of volumes transacted.

Permitted Asset Class (NSE Series)

A Permitted asset class is a collection of investments that show alike characteristics and are subject to the same laws and regulations.

Equities (stocks), fixed Income (bonds), cash and cash equivalents, real estate, commodities, futures, and other financial derivatives are some of the examples of permitted asset class.

In the capital market, various products traded; which include Equity shares, Preference shares, Warrants, Debentures, Exchange-traded Funds, Mutual Funds (close-ended), Government Securities and Indian Depository Receipts.

Each Series distinguishes the scrips and/or the people who can trade in those series.

When you search for a scrip through your trading terminal you see that same scrip is having a suffix at the end on NSE. These suffixes are EQ, BE, BL and lot more. Let’s understand them one by one.

Following are the symbols which denote the various types of series traded on the NSE :-

NSEPoints to be Noted:-

  • Retail investors mostly come across NSE – EQ and BE only.
  • Share trading is mostly done under NSE EQ. In simple words, In NSE EQ, investor can settle a trade without accepting or giving its delivery.
  • The ‘delivery percentage’ under BE category is 100%. This is because in BE category, intra-day trading cannot be done.
  • Please follow this Link on the NSE website for more details.

We hope, this post gives you clarity about different NSE Series. Please leave a message if you have a query or more information on this topic.

Written by Kapil Marwaha

Kapil Marwaha is the Founder & Managing Director of TrueData Financial Information Pvt. Ltd.. His aim - To make TrueData the Best Trading Decision Support company in the country. TrueDatas flagship product Velocity 2.0 has already become immensely popular and is used by a large audience through out the country.