22 November 2009

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India - History of the Bombay Stock Exchange - BSE

India - History of the Bombay Stock Exchange - BSE -
Reality Views by sm -
Bombay Stock Exchange is the oldest stock exchange in Asia.
BSE has already launched there website in Hindi and Gujarati.
It is reported that on the Demand of MNS, BSE has decided to start the BSE website in Marathi also.

What is now popularly known as BSE was established as "The Native Share & Stock Brokers' Association" in 1875.
It is located at Dalal Street, Mumbai, India.
In 2002, the name "The Stock Exchange, Mumbai" was changed to Bombay Stock Exchange. Subsequently on August 19, 2005, the exchange turned into a corporate entity from an Association of Persons (AoP) and renamed as Bombay Stock Exchange Limited.
In the year 1850, stock brokers would gather under banyan trees in front of Mumbai’s Town Hall. As the number of brokers kept increasing this location kept changing and finally they moved to Dalal Street in 1874 and in 1875 became an official organization known as 'The Native Share & Stock Brokers Association'.
BSE is the first stock exchange in the country which obtained permanent recognition (in 1956) from the Government of India under the Securities Contracts (Regulation) Act 1956.
BSE provides an efficient and transparent market for trading in equity, debt instruments and derivatives.
BSE is the first exchange in India and the second in the world to obtain an ISO 9001:2000 certification.
It has successfully launched a reporting platform for corporate bonds in India christened the ICDM or Indian Corporate Debt Market and a unique ticker-cum-screen aptly named 'BSE Broadcast' which enables information dissemination to the common man on the street.

* The World Council of Corporate Governance has awarded the Golden Peacock Global CSR Award for BSE's initiatives in Corporate Social Responsibility (CSR).
* The Annual Reports and Accounts of BSE for the year ended March 31, 2006 and March 31 2007 have been awarded the ICAI awards for excellence in financial reporting.
* The Human Resource Management at BSE has won the Asia - Pacific HRM awards for its efforts in employer branding through talent management at work, health management at work and excellence in HR through technology

BSE - Hours of operation as per India Time
• Beginning of the Day Session....8:00 - 9:00
• Login Session....9:00 - 9:30
• Trading Session....9:55 - 15:30
• Position Transfer Session....15:30 - 15:50
• Closing Session....15:50 - 16:05
• Option Exercise Session....16:05 - 16:35
• Margin Session....16:35 - 16:50
• Query Session....16:50 - 17:35
• End of Day Session....17:35

Watch the Bombay Stock Exchange – BSE
Watch Banyan tree and many old photographs

Links –
http://www.bseindia.com/ English
http://hindi.bseindia.com/ Hindi
http://gujarati.bseindia.com/ Gujarati

Photo of Famous BSE Bull –
At the BSE entrance one can see the raging bronze bull, which is 5-feet high and 8-feet long and weighs over a tonne.


sm,  November 22, 2009  


Admin November 23, 2009  

Hello, many thanks for sharing BSE history here. very useful and informative. Thanks :)

BK Chowla, November 23, 2009  

Very useful information.Thanks for sharing

sm,  November 23, 2009  


shashank November 23, 2009  

very informative dude...
dint know it had such a long tradition..
keep up the good work

Half Indian November 23, 2009  

Thank you for your informative post. I enjoyed! In China, many retired persons are sitting in front of computer at home and making great second income now. Stock exchange market is such important for Chinese, and it is major reason to make them rich.

sm,  November 24, 2009  


sm,  November 24, 2009  

Half Indian,
thanks for adding info.

Dhiman November 24, 2009  

Got to know about BSE in such details Thanks

sm,  November 24, 2009  


sm,  December 02, 2009  

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