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National Spot Exchange (NSEL)
National Spot Exchange Ltd (NSEL) is a pan-India commodities spot exchange. It is the largest electronic spot commodities market in India by market share. NSEL is promoted by FTIL and NAFED and began operations late in 2008. Over 50 commodities in agricultural produce, bullion and energy segments are traded over the exchange.
In 2010 NSEL introduced commodity investment products called e-Series for retail participation in commodities. It has e-Series products in gold, silver, copper, nickel, zinc, lead and platinum. These can be bought in small denominations and be held in demat form.