Home > Travel > Cities of India > Bombay Stock Exchange
Bombay Stock Exchange
The Bombay Stock Exchange, located in Mumbai is the oldest stock exchange in Asia.

Share this Article:

Bombay Stock ExchangeBombay Stock Exchange Limited (previously known as The Stock Exchange, Mumbai and generally called The Bombay Stock Exchange, or BSE) is the oldest stock exchange in Asia. It is situated at Dalal Street in the city of Mumbai in India.

The Bombay Stock Exchange was set up in 1875. Over the past 137 years, Bombay Stock Exchange has facilitated the growth and expansion of the Indian corporate sector by providing it an efficient capital-raising platform. This institution was established as "The Native Share & Stock Brokers` Association" in 1875.

Bombay Stock Exchange is a corporative body, with a broad shareholder-base. This includes leading worldwide exchanges, Deutsche Bourse and Singapore Exchange as strategic partners. BSE provides a well-organized and clear market for trading in equity, debt instruments, derivatives, mutual funds. It also has a platform for trading in equities of small-and-medium enterprises. There are around 5000 companies are listed on BSE making it world`s No. 1 exchange in terms of listed members. The companies listed on BSE Ltd command a total market capitalization of USD Trillion 1.06 as of May 15, 2012. BSE Ltd is world`s fifth most active exchange in terms of number of transactions handled through its electronic trading system. This stock exchange is also one of the world`s leading exchanges for Index options trading. BSE is the fifth largest in the world.

BSE also provides a congregation of other services to capital market participants. This includes risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments. BSE is the first exchange in India and second in the world to obtain an ISO 9001:2000 certification. It is also the first exchange in the country and second in the world to receive Information Security Management System Standard BS 7799-2-2002 certification for its On-Line trading System (BOLT).

It operates one of the most respected capital market educational institutes in the country (the BSE Institute Ltd.). BSE also provides depository services through its Central Depository Services Ltd. (CDSL) arm.

BSE`s popular equity index - the SENSEX - is India`s most widely tracked stock market benchmark index. It is traded internationally on the EUREX as well as leading exchanges of the BRCS nations (Brazil, Russia, China and South Africa).

The Bombay Stock Exchange SENSEX (also known as the BSE 30 index) is a value-weighted parameter composed of a total of thirty scripts, with the base figuring April 1979 = 100. The group of companies that constitute the index has been changed only a few times in the last twenty years. These companies make up around one-fifth of the market capitalization of the BSE.

Apart from the BSE SENSEX, which is the most accepted stock index in India, BSE uses other stock indicators as well. These are BSE 500, BSE 100, BSE 200, BSE PSU, BSE MIDCAP, BSE SMLCAP, BSE BANKEX, BSE Teck, BSE Auto, BSE Pharma, BSE Fast Moving Consumer Goods, BSE Metal, BSE Metal and BSE Broadcast. The BSE Broadcast is a large timepiece on the wall of the BSE, which constantly exhibits the most recent stock quotes from the market. It is also displayed on one of the foremost business-news channels in India -- NDTV Profit.

Dr Prannoy Roy, the Managing Director of New Delhi Television (NDTV) Ltd, made the new scheme that is airing the updated news on business to the people of India from December 15, 2006. Mr Damodaran, the Chairman of the Securities and Exchange Board of India (SEBI), said that the ticker would offer information and analysis of the happenings of the financial world.


Share this Article:

Related Articles

More Articles in Cities of India


Ancient North Indian Cities
Ancient North Indian Cities were developed in the early era that is from the time of Mahabharata, and after the decline of Hindu kings in Northern parts. Some have become desolated and some became the archaeological ruins.
Ancient South Indian Cities
Ancient South Indian Cities witness the rise and fall of many empires from the early era.
Ancient Cities of North West India
Ancient Cities of North West India show the Rajput culture from the early phase, but in medieval era it showed the prominence after having a good relation with Mughals.
Ancient West Indian Cities
Ancient West Indian Cities are now completely in ruins, because of the heavy earthquake in some of the regions.
Holy Cities of North West India
Holy Cities of North West India are grown up in the midst of dry and thorny desert lands with Rajputana art and architecture.
Holy Cities of North India
Holy Cities of North India are having the rich history of Hinduism and the entire civilization was grown up with the hands of beliefs, rituals and the evolution of religion.
Holy Cities of South India
Holy Cities of South India gives the detailed cultural formation of Dravidians from the early era, which later developed to the world by the Pallavas and the Cholas.
Holy Cities of Central India
Holy Cities of Central India have the excellence of art and architecture in temples in the early era.
Holy Cities of East India
Holy Cities of East India refer the places of religious importance. Hinduism, Islam, Christianity and Buddhism are widely spread.
Holy Cities of West India
Holy Cities in West India were established by the rulers of Rajputs and the Satvahana Dynasty and the medieval rulers of Junagadh.
Cities of West Uttar Pradesh
Cities of West Uttar Pradesh include Meerut, Bulandshahr, Ghaziabad, Saharanpur, Muzaffarnagar, Bijnor, Bareilly, Rampur, Agra, Aligarh, Mathura and many others. It comprises the western parts of Uttar Pradesh.
Architecture of Ladakh
Architecture of Ladakh is very typically Buddhist due to the strong influence of the religion here. The architecture is in keeping with the geography and climate of the region.
Architecture Of Madurai
Architecture of Madurai reflects the Hindu architectural pattern as is seen in the lakes, temples and palaces.
Port Cities of South India
Port Cities of South India are developed from the early phase of colonial era when the Portuguese and the French traders came to India
Vaishali Ancient City
Vaishali was an ancient prosperous metropolis, which was probably the first republic of the world.
Kudra City
Kudra, the city in Kaimaur District where agriculture is the prime occupation and in this city there is present Asia’s largest seed cold storage.
Thuraiyur in Tamilnadu
Thuraiyur is a municipality town where the inhabitants are mostly dependent on agriculture and handloom industries.
Dharapuram - Tiruppur
Dharapuram is a town located in Tiruppur district in Tamil Nadu. It is said that the Pandavas resided here in the town.
River Ghats in Haridwar
There are several river ghats in Haridwar, which are considered as popular spots among tourists.
Mataundh - Banda District
Mataundh is a prominent `panchayat town` situated in Banda district of Uttar Pradesh.