BOMBAY STOCK EXCHANGE (BSE)
The Bombay Stock
Exchange Limited, (formerly, the StockExchange, Mumbai; popularly called as BSE) is the oldest StockExchange in Asia with a rich heritage. It is located at Dalal Street,Mumbai, India.BSE was established in 1875 as “The Native Share & StockBrokers”. It was the first Stock Exchange in the country to obtainpermanent recognition in 1956 from The Government of Indiaunder The Securities Contracts (Regulation) Act 1956. There arearound 3500 Indian companies listed with Stock Exchange and hasa significant trading volume.The Exchange is professionally managed under the over alldirection of the Board Of Directors. The Board comprises eminentprofessional, representative of Trading Members and the ManagingDirectors of the Exchange. The Board is inclusive & is designed tobenefit from the participation of market intermediaries.As of July ’05, the market Capitalization of BSE was aboutRs.20 Trillion (US $466 Billion). As of 2005, it is among the fivebiggest Stock Exchanges in the world in terms of transactionsvolume. Along with NSE, the companies listed on BSE have acombined market Capitalization of US $125.5 Billion.