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what is BSE? tell me the details about that?
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Answer Posted / dheeraj kumar gaur6\
The Bombay Stock Exchange or BSE as it is most popularly
known is the oldest stock exchange in Asia. In terms of
listed companies (4, 800 by August 2007), the Bombay Stock
Exchange is the biggest in the world. Being located at the
Dalal Street in Mumbai, the stock exchange enjoys the
benefits of the financial capital of India. The stock
exchange was established in the year 1875 as "The Native
Share & Stock Brokers Association." Bombay Stock Exchange is
the first stock exchange in India to obtain permanent
recognition from the Government of India under the
Securities Contracts (Regulation) Act, 1956. The earlier the
exchange was operated as the Association of Persons, it is
now incorporated under the Companies Act, 1956. In October
2007 the market capitalization of the companies listed on
the BSE was US$ 1.61 trillion that have made it the largest
market in the South East Asia in terms of market capitalization.
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