Bombay Stock Exchange

Topics: Stock market, Stock exchange, Stock Pages: 9 (2723 words) Published: November 25, 2010

Bombay Stock Exchange - Wikipedia, th…
Coordinates: 18.929681°N 72.833589°E

Bombay Stock Exchange
From Wikipedia, the free encyclopedia

The Bombay Stock Exchange (BSE) (Hindi or Marathi: बबई शे अर बाजार Bombay Śhare Bāzaār) (formerly, The Stock Exchange, Bombay) is the oldest stock exchange in Asia and largest number of listed companies in the world, with 4990 listed as of August 2010.[2][3] It is located at Dalal Street, Mumbai, India. On Aug, 2010, the equity market capitalization of the companies listed on the BSE was US$1.39 trillion, making it the 4th largest stock exchange in Asia and the 11th largest in the world.[4] With over 4,990 Indian companies listed & over 7700 scrips on the stock exchange,[5] it has a significant trading volume. The BSE SENSEX (SENSitive indEX), also called the "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 most of the trading in shares in India.

Bombay Stock Exchange

1 Hours of operation 2 History 3 Timeline 4 BSE indices 5 Sensex correlation with emerging market indices 6 Awards 7 See also 8 References 9 External links

Type Stock Exchange Location Mumbai, India Coordinates 18.929681°N 72.833589°E Founded 1875 Owner Bombay Stock Exchange Limited Key people Madhu Kannan (CEO & M D) Currency Indian rupee No. of listings 4,996 MarketCap US$1.39 trillion (August 2010)[1] Volume US$980 billion (2006) Indexes BSE Sensex Website (

Hours of operation
Session Trading Session Timing 9:00 - 15:30 Beginning of the Day Session 8:00 - 9:00




Bombay Stock Exchange - Wikipedia, th…

Position Transfer Session Closing Session Option Exercise Session Margin Session Query Session End of Day Session

15:30 - 15:50 15:50 - 16:05 16:05 - 16:35 16:35 - 16:50 16:50 - 17:35 17:30

The hours of operation for the BSE quoted above are stated in terms of the local time (i.e. GMT +5:30) in Mumbai (Bombay), India. BSE's normal trading sessions are on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.[6]

The Bombay Stock Exchange is the oldest exchange in Asia. It traces its history to the 1850s, when 4 Gujarati and 1 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 The Phiroze Jeejeebhoy exchange, the Bombay Stock Exchange switched to an electronic trading system Towers house the Bombay in 1995. It took the exchange only fifty days to make this transition. This Stock Exchange since 1980. automated, screen-based trading platform called BSE On-line trading (BOLT) currently has a capacity of 80 lakh orders per day. The BSE has also introduced the world's first centralized exchange-based internet trading system, to enable investors anywhere in the world to trade on the BSE platform.[7]. The BSE is currently housed in Phiroze Jeejeebhoy Towers at Dalal Street, Fort area.

Following is the timeline on the rise and rise of the Sensex through Indian stock market history. 1830's Business on...
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