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The Bombay Stock Exchange (BSE) is located in Dalal Street, Mumbai. Established in 1875, BSE is the oldest stock exchange in Asia. There are around 3,500 companies in the country which are listed and have a significant trading volume. As of July 2005, the market capitalization of the BSE is about Rs. 20 trillion (US $466 billion). The BSE `Sensex' is a widely used market index for the BSE. As of 2005, it is among the 5 biggest stock exchanges in the world in terms of number of transactions. Along with the NSE, the companies listed on the BSE have a combined market cap of $125.5 Billion.
History
An informal group of 22 stockbrokers had been trading under a banyan tree opposite the Town Hall of Bombay from mid-1850s. This banyan tree still stands in Horniman Circle Park, Mumbai. This informal group of stockbrokers organized themselves as “The Native Share and Stockbrokers Association” which, in 1875, was formally organized as the Bombay Stock Exchange (BSE). BSE is the oldest stock exchange in Asia, the second being the Tokyo Stock Exchange, established in 1878.
Premchand Roychand was a leading stockbroker of that time, and he assisted in setting out traditions, conventions, and procedures for the trading of stocks at Bombay Stock Exchange and they are still being followed.
Dalal Street
James M. Maclean inaugurated the Brokers’ Hall in January 1899. After the First World War, BSE was shifted to an old building, near the Bombay Town Hall and in 1928, the plot on which the BSE building now stands, on Dalal Street, was acquired, and a building was constructed in 1930.
The Bombay Stock Exchange followed the familiar outcry system for stock trading, which was replaced, in the year 1995, with screen-based eTrading. BSE is presently housed in a 28-storied Jeejeebhoy Towers, where the older structure once stood: the present building derives its name from Sir Phiroze Jamshedjee Jeejeebhoy, the chairman of the Bombay Stocke Exchange from 1966, until his death in 1980.
BSE Sensex
The BSE Sensex is a value-weighted index composed of 30 companies, with the base April 1979 = 100. The set of companies in the index is essentially fixed. These companies account for around one-fifth of the market capitalization of the BSE.


BSE - other Indices
Apart from BSE Sensex, which is the most popular stock index in India, BSE uses other stock Indices as well:
• BSE 100
• BSE 500
• BSEPSU
• BSEMIDCAP
• BSESMLCAP
• BSEBANKEX
The stock market has grown by more than four times from January 1990 to today. Using information from April 1979 onwards, the long-run rate of return on the BSE Sensex can be estimated to be 0.52% per week (continuously compounded) with a standard deviation of 3.67%.
 
Latest shocking and amazing news where Arnab Goswami becomes first journalist to ring opening bell at BSE. BSE MD & CEO Ashish Kumar Chauhan, "We are pleased to have Arnab Goswami at the Bombay Stock Exchange for the opening bell-ringing ceremony. This event marks another significant milestone for Asia's oldest stock exchange as it celebrates its 140th anniversary, and Goswami's presence has enhanced the celebrations."


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Himanshi Agarwal

Well-known member
INTERESTING FACTS ABOUT BSE.
  • There are 23 stock exchanges in the india. Bombay Stock Exchange is the largest, withover 6000 stock listed. The BSE account for over two thirds of the total volumein the country.
  • It is the 11th largeststock exchange that completes the transaction in 25 microseconds and Marketcapatalization with 1.8$ trillion as on 25th feb 2015.
  • The BSE accounts for over 2/3 of the total trading volume in country. Bombay Stock Exchange founded by Premchand Roychand.
  • All major company from different types of industry like Automobile, Chemicals, Cement, Tires, Trading, Textiles, Bank, Education, cable, Electronics are listed In Bombay Stock Exchange.
  • In 1986, it developed the BSE SENSEX index, giving the BSE a means to measure the overall performance of the exchange. Its turnover is 1/3 of the total turnover insecurities in india.
 
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