NSE stands for the National Stock Exchange. It is the Stock Exchange in India based on the volume traded.
Stocks listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) are grouped based on a variety of factors such as market capitalization, trading volume, and other qualitative parameters. This grouping helps investors differentiate between stocks and assess the associated risks.
The categorization of stocks aims to streamline transactions and assist traders in making informed decisions. These groups include indices such as Nifty 50, Sensex, BSE Midcap, BSE Small cap among others.
The National Stock Exchange (NSE) has been categorized into 7 series. EQ, IQ, BL, GC, IL, BT and BE are the series of NSE stocks, each series serving different trading purposes.
The Bombay Stock Exchange (BSE) has Categorized stocks into several groups namely 'A', 'T' 'M', 'Z' and 'B' on its platform, each series serving different trading purposes.
Retail investors mostly trade under NSE – EQ and BE categories only. Intraday trading is mostly done under NSE EQ. The ‘delivery percentage’ under BE category is 100%.