History of BSE
BSE is the oldest stock market in the whole of Asia. Which was established in 1875. back in 1875 it was known as “The Native Share and Stock Brokers Association”. Which began with a membership fee of re.1.
BSE is the first stock exchange which got a permanent recognition from the Government of India under the Security Contract and Regulation Act.
ISO 9001:2000 certification BSE is the First market in the India and Second in World.
BSE is world’s largest in terms of number of Stocks listed and fifth largest in terms of transaction which reached USD 1.79 Trillion.
BSE has entered a index corporation with Deutsche Börse, to make BSE indices available to the investors in America and Europe. Moreover Barclays Global Capital the global leaders in ETF ( Exchange Traded Fund) has made 'iShares® BSE SENSEX India Tracker' which tracks the SENSEX. ETF enables the investors in Hong Kong to invest in the Indian markets.
The Indices in BSE :
The companies are classified as A, B, S, T and Z groups. An investor can choose any stock of more than 4700 companies listed in the exchange.
In 1986 BSE came with a indices known as SENSEX. It has 30 stocks representing 12 major sectors. Apart from this BSE offers 21 indices including 12 sectorial indices.
In the year 1989 BSE came with another index known as BSE National Index which consisted of 100 best listed stocks in major stock exchanges of INDIA namely Mumbai, Kolkatta, Madras and Ahmedabad. This got later renamed as BSE-100 later in October 1996. In 2006 BSE launched its Dollar version of BSE-100
As the company listing began to increase BSE came up with another indeces known as BSE-200 or the Dollex -200
BSE-500 in 1999.
In 2001 BSE launched its BSE-PSU index countries first free-floating Index, as the years went on BSE shifted all its Indices in free-floating based index.
Contact Address:
BOMBAY STOCK EXCHANGE LIMITED
DALAL STREET
MUMBAI- 400001
PHONES : 91-22-22721233/4
FAX : 91-22-22721919
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