Bombay Stock Exchange |
| A market is where the exchange of goods and services takes place between a buyer and the seller. A stock exchange is where stock transactions take place between two individuals. The Bombay Stock Exchange was established in 1875, and was the first stock exchange in India to be recognized by the government. The BSE is the oldest exchange, not just in India but also in Asia. |
| The BSE plays a significant role in the development of the Capital Market. In the past it was recognized as the Association of Person (AOP), but when it was de-mutualised and corporatized under the company act of 1956, is now notified by the Securities and Exchange Board of India (SEBI) |
| There are approximately 10000 Indian companies, that trade from over 427 cities and towns, listed at the BSE. The Exchange also boasts an exclusive financial training facility. |
| The training facility is just one of Bombay Stock Exchanges strong points, they also provide transparent and efficient markets when trading in equity, derivatives or debt instruments. The BSE has a professional management board of directors overseeing all aspects of the exchange, including their online trading system, BOLT. When toll-free numbers (1600 22 6661) were introduced, they made it so much easier for their customers to make contact. Maybe this helped BSE create history when they crossed the $1000 billion mark. |
| The Bombay Stock Exchange wanted to capitalize Singapore’s position as a hub for international listing and derivatives and so sold a 5% stake to the Singapore Stock Exchange for $42.7 million. |
| The BSE have introduced Oracle software, in order that the exchange will not only have a single integrated system, but also to help streamline their human resource and financial accounting systems. |
| Investing during Bear and Bull Markets | Basics of Indian Stock Market - Preferred Stock or Ordinary Shares |
