What is BSE?
Bombay stock exchange is the oldest exchange in Asia with the highest number of companies listed in the world. When it comes to market capitalization, BSE is the 8th largest stock exchange in the world and 4th in Asia stepping just ahead of NSE. Around 5000 Indian companies listed in Bombay exchange equity segment contributing a great trading volume. The total market capitalization of equity is around USD 1.6 trillion. BSE did not have particular date of establishment but it is said that it started its journey in the year 1850 which later became an official organization in 1875. Bombay stock exchange is the first stock exchange in India to get recognized by the Indian Government.
Bombay exchange has its index called SENSEX derived from the words “Sensitive Index“, which is calculated using “Free Float Market Capitalization Weighted Index”. It is also called as BSE 30 which is named after grouping well sounded 30 Indian fundamentally and financially strong companies under one category. Compared with Nifty, Sensex is the oldest index originated its birth on 1st of January, 1986 with base value taken as 100. Bombay exchange has equity, future and option segments to trade. Official website of Bombay stock exchange is www.bseindia.com
Indices of Bombay Stock Exchange
BSE – 100
BSE – 200
BSE – 300
BSE – PSU
BSE – TECk
Apart from the above, there are also many other sectorial and doller linked ‘DOLLEX’ indexes.
Posted on: 2016-04-23 12:27:38 Updated on: 2016-04-23 12:27:38