Calcutta Stock Exchange | |
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Kolkata Śheyar Bāzār | |
Type | Stock Exchange |
Location | Kolkata, India |
Founded | 1908 |
Owner | The Calcutta Stock Exchange Association Limited |
Key people | Dipankar Chatterji (Chairman) Molly Thambi (CEO) |
Currency | Indian rupee () |
No. of listings | 3,500~ |
MarketCap | 1,40,141 Crores (2009) |
Indexes | CSE 40 CSE 50 |
Website | www.cse-india.com |
Calcutta Stock Exchange (CSE) located at the Lyons Range, Kolkata, India, was incorporated in 1908 and is the second largest bourse in India.[1]
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In 1830, the bourse activities in Kolkata used to conducted under a neem tree.[2] The earliest record of dealings in securities in India is the British East India Company’s loan securities. In 1908, the stock exchange was incorporated and had consisted of 150 members. The present building at the Lyons Range was constructed in 1928. The Calcutta Stock Exchange has been granted permanent recognition by the Central Government with effect from April 14, 1980 under the relevant provisions of the Securities Contracts (Regulation) Act, 1956. The Calcutta stock exchange followed the familiar outcry system for stock trading up until 1997, when it was replaced by an electronic (eTrading) system known as C-STAR (CSE Screen Based Trading And Reporting).[3]
Bombay Stock Exchange(BSE) has made a strategic investment in Calcutta Stock Exchange, acquiring 5% of its shares.[4]
The Calcutta Stock Exchange Limited
Two indices are in use: