What is Bombay Stock Exchange (BSE)?
A stock exchange is a central marketplace for stocks, commodities, bonds, and derivatives. Companies can issue shares to the general public, and investors can buy and sell them. By means of regulations, stock exchanges ensure fair pricing, transparency, and liquidity for these securities. The Bombay Stock Exchange (BSE) is one of India’s oldest and most prestigious stock exchanges. It was founded in 1875 in Mumbai, Maharashtra, as the “Native Share & Stock Brokers’ Association.” BSE Limited is now its official name. However, it is popularly called BSE. BSE stands for Bombay Stock Exchange. The BSE is vital for the Indian financial market since it provides a trading platform for buying and selling a variety of financial products, notably stocks and equities, but also commodities, derivatives, and mutual funds. It is a significant contributor to the country’s economic growth and acts as a measure of the performance of the Indian economy.
BSE is famous for its major stock market index, the Sensex (short for Sensitive Index), which tracks the performance of the exchange’s 30 largest and most actively traded companies. The BSE has played an important part in shaping the growth of India’s capital markets and the country’s economy as a whole. It operates under the regulatory framework established by the Securities and Exchange Board of India (SEBI), the Indian securities markets’ regulatory authority.
Table of Content
- History of Bombay Stock Exchange (BSE)
- Features of Bombay Stock Exchange (BSE)
- Functions of Bombay Stock Exchange (BSE)
- Importance of Bombay Stock Exchange (BSE)
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