|
|
|
Business » India Stock Exchanges » Bombay Stock Exchange |
Bombay Stock Exchange |
Bombay Stock Exchange Limited is the oldest stock exchange in Asia. Popularly known as BSE it was established as "The citizen Share & Stock Brokers Association" in 1875. It is the first stock exchange in India to acquire permanent recognition in 1956 from the Government of India under the Securities Contracts (Regulation) Act, 1956. Bombay Stock Exchange played a fundamental role in the development of the Indian capital market and its index, SENSEX, is tracked worldwide. The Exchange has a countrywide reach with a presence in 359 cities and towns of India. Since its inception BSE has played a vital role the growth of the Indian corporate sector by providing it with an efficient access to resources. The Bombay stock exchange provides an transparent and efficient market for trading in equity, debt instruments and derivatives. Bombay Stock Exchange has many achievements to its credit. It is the world's premier exchange in terms of the number of listed companies and the world's 5th in transaction numbers.
BSE has also received Information Security Management System Standard BS 7799-2-2002 certification for its BSE On-line Trading System (BOLT). It is only the second exchange in the world to obtain such a certification.
BSE Corporate Office:
The Bombay Stock Exchange was established in 1875 as the "Native Share and Stock Brokers Association" in 1875. It earned a official status under the Securities and Exchange Board of India ( SEBI) in 1956.
Market Capitalization of the BSE was about Rs 33.4 trillion as on 2006, October. The Bombay Stock Exchange uses the Bombay Stock Exchange Sensex as the market index in Asia and India.
Bombay Stock Exchange Limited
Phiroze Jeejeebhoy towers
Dalal Street,
Mumbai- 400001,
India
Website: www.bseindia.com
|
|
|
