Stock Markets of India - Bombay Stock Exchange, National Stock Exchange

The two important Stock exchanges of India are Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE). The index of  Bombay Stock Exchange is called SENSEX whereas index of National Stock Exchange of India is called NIFTY.

Bombay Stock Exchange (BSE) was established by Premchand Roychand in 1875 and it is located at famous Dalal Street of Mumbai. Sensexthe flagship index of BSE comprises of basket of 30 stocks of financially sound and well established companies.

National Stock Exchange (NSE) was established in 1992 by a group of leading Indian financial institutions. NIFTY, the flagship index of NSE comprises of basket of 51 stocks.




Bombay Stock Exchange

1) Bombay Stock Exchange (BSE) is located in: Dalal Street, Mumbai

2) Bombay Stock Exchange (BSE) was established in 1875 by Premchand Roychand.

3) The two important aspects of Bombay Stock Exchange (BSE) are:

  • Asia's 1st stock exchange
  • world's fastest stock exchange, with a median trade speed of 6 microseconds.



BSE Sensex (Sensitive Index)

1) Sensex is free-float market capitalization - weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange.

2) Sensex is published since 1st Jan, 1986 - the S&P BSE SENSEX is regarded as the pulse of the domestic stock markets in India. 

3) Base value of the S&P BSE SENSEX is taken as 100 on 1 April 1979, and its base year as 1978–79. 



National Stock Exchange of India

1) National Stock Exchange (NSE) is leading stock exchange of India, located in Mumbai
It was established in 1992 as the first demutualized electronic exchange in the country.

2) National Stock Exchange (NSE) was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country.

3) NSE's flagship index, the NIFTY 50, the 51 stock index (50 companies with 51 securities inclusive of DVR), is used extensively by investors in India and around the world as a barometer of the Indian capital markets.

4) National Stock Exchange (NSE) was set up by a group of leading Indian financial institutions at the behest of the government of India to bring transparency to the Indian capital market.


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