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What do the different groups on NSE and BSE mean?

NSE and BSE categorise shares into different series or groups to distinguish them. For instance, the shares in the EQ category on NSE have a rolling settlement cycle, can be traded intraday and are regular equity shares. To know more about rolling settlement, see What does settlement cycle mean?

The securities traded on NSE are classified as :

Visit bseindia.com/markets/equity/EQReports/tra_trading.aspx to know how the securities traded on BSE are classified.

To know more about the stocks listed in the SME category on NSE and BSE, see What does the "SM" or "M" symbol beside a stock mean?