Bombay Stock Exchange
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The Bombay Stock Exchange Limited (Marathi: मुंबई शेयर बाजार) (formerly, The Stock Exchange, Mumbai; popularly called The Bombay Stock Exchange, or BSE) is the oldest stock exchange in Asia. It is located at Dalal Street, Mumbai, India.
The Bombay Stock Exchange was established in 1875. There are around 3,500 Indian companies listed with the stock exchange, and has a significant trading volume. At October 2006, the market capitalization of the BSE was about Rs. 33.4 trillion (US $ 730 billion). The BSE SENSEX (SENSitive indEX), also called the "BSE 30", is a widely used market index in India and Asia. As of 2005, it is among the five biggest stock exchanges in the world in terms of transactions volume.
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[edit] History
[edit] BSE indices
The BSE SENSEX (also known as the BSE 30) is a value-weighted index composed of thirty scrips, with the base April 1979 = 100. The set of companies which make up the index has been changed only a few times in the last twenty years. These companies account for around one-fifth of the market capitalization of the BSE.
Apart from BSE SENSEX, which is the most popular stock index in India, BSE uses other stock indices as well:
- BSE 500
- BSE 100
- BSE 200
- BSE PSU
- BSE MIDCAP
- BSE SMLCAP
- BSE BANKEX
- BSE Teck
- BSE Auto
- BSE Pharma
- BSE Fast Moving Consumer Goods (FMCG)
- BSE Consumer Durables (SYMBOL: Cons Dura)
- BSE Metal
[edit] BSE Broadcast
The BSE Broadcast is a large ticker on the wall of the BSE, which continuously displays the latest stock quotes from the market. It will also display – on what is described as India's and South Asia's largest video screen – India's leading business-news channel: NDTV Profit.
This new system was unveiled on December 15, 2006, when Dr Prannoy Roy, the Managing Director of New Delhi Television (NDTV) Ltd, struck the BSE's opening bell. Mr Damodaran, the Chairman of the Securities and Exchange Board of India (SEBI), said that the ticker would provide information and analysis of the financial world.
[edit] External links
- Bombay Stock Exchange — official web site
