Bombay Stock Exchange

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The Bombay Stock Exchange

The Bombay Stock Exchange is a stock exchange in Mumbai, India.

History[change | edit source]

The Bombay Stock Exchange is the oldest stock exchange in Asia.[1]

The BSE failure to modernize resulted in the creation of an electronic platform in the National Stock Exchange.[2]

Timeline[change | edit source]

  • 1850s: Trading under a banyan tree opposite Bombay's Town Hall[3]
  • 1875: "Native Share and stockbrokers Association" was formed[3]
  • 1956: Government of India recognizes BSE as the nation's first stock exchange[3]

Related pages[change | edit source]

References[change | edit source]

  1. Gurusamy, S. (2009). Capital Markets, p. 210; the 2nd oldest stock exchange in Asia is the Tokyo Stock Exchange, established in 1878
  2. Michie, Ranald. (2007). The Global Securities Market: A History, p. 327.
  3. 3.0 3.1 3.2 Khanna, Tarun. (2007). Billions of Entrepreneurs: How China and India are Reshaping Their Futures--and Yours, p. 57.

Other websites[change | edit source]

Media related to Bombay Stock Exchange at Wikimedia Commons

Coordinates: 18°55′47″N 72°50′01″E / 18.929681°N 72.833589°E / 18.929681; 72.833589 (Bombay Stock Exchange)