Bombay Stock Exchange (BSE)

The Bombay Stock Exchange (BSE) is one of the oldest and largest stock exchanges in India. It is located in Mumbai, Maharashtra. The BSE was established in 1875 and is Asia’s first stock exchange. It is the world’s 10th largest stock exchange by market capitalization.

History

The BSE was founded on July 9, 1875, by a group of 22 stockbrokers under the name “The Native Share and Stock Brokers Association”. The exchange was initially located in a building on Dalal Street in Mumbai. In 1928, the BSE moved to its current location at Phiroze Jeejeebhoy Towers.

Trading Hours

The BSE is open for trading from Monday to Friday from 9:15 am to 3:30 pm. The exchange is closed on Saturdays, Sundays, and public holidays.

Listed Companies

The BSE has over 5,000 listed companies. These companies represent a wide range of industries, including banking, finance, manufacturing, technology, and healthcare.

Market Capitalization

The BSE’s market capitalization is over $2.5 trillion. This makes it the 10th largest stock exchange in the world by market capitalization.

Trading Volume

The BSE’s average daily trading volume is over $10 billion. This makes it one of the most active stock exchanges in the world.

Indices

The BSE publishes a number of indices, including the BSE Sensex, the BSE Nifty, and the BSE Smallcap Index. The BSE Sensex is the most popular index in India. It is a composite index of 30 of the largest and most liquid stocks listed on the BSE.

Regulation

The BSE is regulated by the Securities and Exchange Board of India (SEBI). SEBI is the regulatory body for the securities market in India.

Conclusion

The BSE is one of the most important stock exchanges in the world. It is a major source of capital for Indian companies and it plays a vital role in the Indian economy.