Home   |     Mumbai Info   |     List Your Business     |    Business   |    Cool Links  |  Mumbai Interested Places   |  Advertise with us     |     Contact Us
 
   Category
  Mumbai Airport
  Mumbai Banks
  Mumbai Best Services
  Mumbai Blood Banks
  Mumbai Doctors
  Mumbai Education
  Mumbai Emergency
  Mumbai Entertainment
  Mumbai Festivals
  Mumbai Hospitals
  Mumbai Hotels
  Mumbai Metro Rail project
  Mumbai News Papers
  Mumbai Police Department
  Mumbai Real Estate
  Mumbai Restaurants
  Mumbai Railway Stations
  Mumbai Temples
  Mumbai Municipal Corporation
  Railway Time Table
  Stock Exchange
  Tourist Guide
  Websites on Mumbai
  Site Map
   Stock Exchange

The Bombay Stock Exchange (BSE) (Bombay Share Bazaar) (formerly, The Stock Exchange, Bombay) is a stock exchange located on Dalal Street, Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of the companies listed on the BSE was US$1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest in the world.[1] The BSE has the largest number of listed companies in the world.[2]

As of June 2011, there are over 5,085 listed Indian companies and over 8,196 scrips on the stock exchange,[3] the Bombay Stock Exchange has a significant trading volume. The BSE SENSEX, also called "BSE 30", is a widely used market index in India and Asia. Though many other exchanges exist, BSE and the National Stock Exchange of India account for the majority of the equity trading in India. While both have similar total market capitalization (about USD 1.6 trillion), share volume in NSE is typically two times that of BSE.

History

The Bombay Stock Exchange is the oldest exchange in Asia. It traces its history to the 1850s, when four Gujarati and one Parsi stockbroker would gather under banyan trees in front of Mumbai's Town Hall. The location of these meetings changed many times, as the number of brokers constantly increased. The group eventually moved to Dalal Street in 1874 and in 1875 became an official organization known as 'The Native Share & Stock Brokers Association'. In 1956, the BSE became the first stock exchange to be recognized by the Indian Government under the Securities Contracts Regulation Act. The Bombay Stock Exchange developed the BSE SENSEX in 1986, giving the BSE a means to measure overall performance of the exchange. In 2000 the BSE used this index to open its derivatives market, trading SENSEX futures contracts. The development of SENSEX options along with equity derivatives followed in 2001 and 2002, expanding the BSE's trading platform. Historically an open outcry floor trading exchange, the Bombay Stock Exchange switched to an electronic trading system in 1995. It took the exchange only fifty days to make this transition. This automated, screen-based trading platform called BSE On-line trading (BOLT) currently has a capacity of 8 million orders per day. The BSE has also introduced the world's first centralized exchange-based internet trading system, BSEWEBx.co.in to enable investors anywhere in the world to trade on the BSE platform.[5] The BSE is currently housed in Phiroze Jeejeebhoy Towers at Dalal Street, For

Bombay Stock Exchange,Share Market,National stock Exchange,What is stock exchange


 

 
Copyright © 2008 www.mumbaimetro.com All Rights Reserved