Bombay Stock Exchange (BSE) has been acclaimed to be the largest out of 22 stock exchanges in India. In 1875, BSE was established as Association of Persons (AOP). Today, it is the oldest and largest stock exchange, not only in the country, but in Asia as well. With over 6,000 stocks listed, this Stock Exchange of Mumbai enumerates for more than two-third of the total trading volume in India. It is also the first stock exchange to be recognized by the Government of India, under the Securities Contracts Act, 1956.
Since its establishment, Bombay Stock Exchange has played a vital role in the growth of capital markets in India. Another great truth about BSE is that it is the world's fifth largest stock exchange, with a market capitalization of $466 billion. It makes use of BSE SENSEX, which is an index of 30 big and developed stocks. The index provides an evaluation of the comprehensive performance of BSE and is very much tracked throughout the world.
Copyright 2008, All Rights Reserved
