Full-Form of BSE
The Bombay Stock Exchange, abbreviated as the BSE, is one of India’s oldest stock exchanges. It was established in 1875 and is headquartered in Mumbai. The BSE is a full-service exchange that offers a wide range of products and services to its members and participants. These include trading, clearing, settlement, and depository services. In this article, we will discuss the full form of BSE and what it means for investors!
A brief overview on Bombay Stock Exchange (BSE)
BSE or Bombay Stock Exchange is the oldest stock exchange in Asia with a rich history dating back to 1875. It is currently the world’s 11th largest stock exchange by market capitalization. The BSE is headquartered on Dalal Street in Mumbai, and its S&P BSE Sensex index is widely regarded as the benchmark gauge of Indian equities markets.
Some key facts about BSE
BSE was founded in 1875 by a group of eminent businessmen from Mumbai
The first-ever trade on the exchange took place on 22nd July 1875
The BSE S&P Sensex index was launched in 1986
In 1995, BSE became the first stock exchange in India to be recognized by the Securities and Exchange Board of India (SEBI)
BSE is home to over 5000 listed companies with a market capitalization of over US$ two trillion
BSE has a strong global presence with its indices being tracked by leading global index providers like MSCI, S&P Dow Jones Indices, FTSE Russell, and Morningstar
