|Stock Exchange BSE
Stock Exchange BSE(Bombay Stock Exchange)
What Is BSE-
BSE (Bombay Stock Exchange) is Asia’s first stock exchange. The Bombay Stock Exchange was built in 1875. The Bombay Stock Exchange was established by Premchand Roychand. They are also known as Cotton Kings. The Bombay Stock Exchange is not as it is today in 1850. The first meeting of the Bombay Stock Exchange was held in the natural environment. Under a banyan tree
The History of BSE-
The Bombay Stock Exchange is Asia’s oldest stock exchange. In 1885 a meeting was convened by 22 stockbrokers. The location of these meetings was changed several times to accommodate the increasing number of brokers. The group ultimately went to Dalal Street in 1874 and in 1875 became an official organization known as “The Native Share and Stock Brokers’ Association”. On August 31, 1957, BSE became the first stock exchange recognized under the Securities Contract Regulation Act in India. An open outer floor trading exchange, Bombay Stock Exchange, changed into an electronic trading system in 1995. It took only 50 days to make this transition. In order to enable investors to trade anywhere on BSE, BSE has established a centralized exchange-based internet trading system. BSE is also a cooperative exchange of the United Nations Sustainable Stock Exchange Initiative. BSE has established India INX on December 30, 2016. India INX India’s first international exchange This automated, screen-based trading platform, called BSE On-Line Trading (BOLT), had 8 million orders per day. To enable investors to trade anywhere on the BSE, BSE has established a centralized exchange-based internet trading system, Has also started. Now BSE has raised the capital by issuing shares and on 3 May 2017, the BSE shares, which traders in NSE, closed with only Rs 999.
Sensex Full Form-
Like the National Stock Exchange (NSE), the Nifty 50 is the top 50 companies, like the top 30 companies in the Bombay Stock Exchange, which are known as Sensex. The Sensex, also known as S & P BSE Sensex Index and it is the BSE Index (BSE) Bombay Stock Exchange’s benchmark index in India.
On the BSE, the Sensex has 30 largest active stocks, the Bombay Stock Exchange provides an accurate gauge of India’s economy. The composition of the Index is reviewed each year in June and December. The Sensex is India’s oldest stock index. Analysts use the Sensex to observe the overall growth of the Indian economy.
BSE or Bombay Stock Exchange is the oldest stock exchange of India or also one of the world’s oldest exchange. I think BSE much better then NSE.
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