Bombay Stock Exchange Kya Hai: In today’s article we will talk about the Bombay Stock Exchange, the oldest stock exchange in India. The role of BSE is important in the Indian stock market. BSE is a stock market where the economic details of big markets across the country are reported.
In today’s article, we will know what is BSE, the Bombay Stock Exchange, when BSE was established, and what is BSE Sensex. If you are also interested in the stock market, then you must read this article, it will also increase your knowledge of the stock market.
So without wasting any time let’s start this article of today – What is the Bombay Stock Exchange?
BSE i.e. Bombay Stock Exchange is a stock exchange in India, where investors or traders buy and sell any shares, bonds, and government securities.
BSE is the oldest stock exchange not only in India but also in Asia. Which has more than 140 years of experience in the stock exchange. It is the 10th largest stock exchange in the world. There are more than 5500 companies registered in BSE.
BSE has a significant contribution to giving India’s international financial market a worthy place in the markets around the world. BSE has also played an important role in the Indian capital markets.
The Benchmark Index of BSE is Sensex (Sensex). Within the Sensex, 30 companies registered in the BSE are kept, and on the basis of their performance, the performance of the BSE is determined.
The full name of BSE is Bombay Stock Exchange of India Limited which is Bombay Stock Exchange of India Limited.
About Bombay Stock Exchange (BSE)
| मुख्य बिंदु | विवरण |
|---|---|
| BSE का पूरा नाम | Bombay Stock Exchange |
| स्थान | दलाल स्ट्रीट मुंबई, महाराष्ट्रा |
| स्थापना वर्ष | 1875 में |
| सूचकांक (Benchmark Index) | Sensex |
| वर्तमान चेयरमैन | विक्रमजीत सेन |
| मुद्रा | भारतीय रुपया (INR) |
BSC was established in 1875 in Mumbai, the financial capital of India. In Mumbai, some people gathered under a banyan tree and used to buy and sell shares. Gradually the number of people started increasing, then a new place was discovered for the exchange of shares, which later became famous as Dalal Street. Today there is a tower of BSE in this Dalal Street.
BSE was founded by Premchand Roychand ji along with 300 people. Initially, the name of BSE was The Native Stock Broker Association, which was later changed to Bombay Stock Exchange.
Before 1992, the exchange of shares was done through documents, which took a lot of time to exchange the shares as it took about 5-6 months for the documents to reach the investors. And scams also started increasing in the stock market.
Seeing the increasing scams in the stock markets, the Government of India established an organization called SEBI in 1992, whose purpose was to control the stock market and protect the interests of investors.
SEBI had made rules for the stock market on the basis of the US markets, in which all the accounts of share transactions were to be kept in the computer. But BSE refused to obey the rules of SEBI, so the government created another stock exchange named NSE (National Stock Exchange) in 1992.
In view of the increasing attraction of investors towards computerized stock exchange, BSE got itself listed in SEBI in 1995. And BSE also became a computerized stock exchange. Since then, BSE works only under the rules of SEBI.
Sensex is the benchmark index of BSE. BSE Sensex was started in 1986. The top 30 companies listed in BSE are included in Sensex.
If 30 companies included in Sensex performed well, that is, there was a boom in Sensex, then it means that the share prices of companies listed in BSE have increased and BSE investors have benefited.
If there is a decline in the performance of 30 companies included in the Sensex, then it means that the share price of the companies listed in BSE has decreased.
The full name of BSE is Bombay Stock Exchange.
BSE was established in 1874 in Mumbai.
BSE was founded by Premchand Roychand along with 300 people.
The index of BSE is Sensex, in which 30 companies listed in BSE are included.
At present, there are more than 5500 companies listed in BSE.
The role of BSE in the Indian stock market is very important because the stock exchange in India was started by BSE itself and BSE has played an important role in giving India’s international financial market worldwide recognition.
After reading this article you must have got proper and accurate information about BSE Kya Hai. If you liked this article, then do share this article with your friends on social media platforms like Facebook, Twitter, etc.
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