What do the NSE Series – EQ, BE, BL, BT, GC, IL & IQ Mean ?


What do the NSE Series

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)
There are a number of products traded in the Capital Markets. Segments viz., Equity shares, Preference shares, Warrants, Debentures, Exchange-traded Funds, Mutual Funds (close-ended), Government Securities and Indian Depository Receipts.
Each asset type is assigned an NSE series for trading.
Each Series distinguishes the scrips and / or the people who can trade in those series.
Listed in the table below are the symbols which denote the various types of series traded on the NSE :-
 Note :-
·         Generally, retail investors come across NSE EQ and BE only.
·         Normal share trading is done under the NSE EQ and intra-day squaring of the trade is possible. This means a trade can be settled without accepting or giving its delivery.
·         The ‘delivery percentage’ under BE category is 100% as no intra-day trade is allowed.
·         Please follow this Link on the NSE website for more details.
Leave a message if you have a query or more information on this topic.



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