Bombay Stock Exchange
BSE Ltd, the first ever stock exchange in Asia established in 1875, BSE is India’s leading exchange group. BSE’s popular equity index – the S&P BSE SENSEX – is India’s most widely tracked stock market benchmark index and office is situated at Dalal Street, Mumbai.
The journey of BSE Ltd. is as eventful and interesting as the history of India’s securities market.
Milestone –
- 1875 –The Native Share & Stock Broker’s Association formed
- 1986 – S&P BSE SENSEX , country’s first equity index launched (Base Year:1978-79 =100)
- 1992 – SEBI Act established (1st May – 1992) – To protect, develop and regulate the market
- 1995 – BSE On-Line Trading (BOLT) system introduced
- 1999 – Central Depository Services Ltd.(CDSL) commence work
- 2000 – Equity Derivatives introduced (9th Jun 2000 )
- 2001 – Index Options and Stock Options launched
- 2003 – T+2 settlement introduced
- 2008 – Currency Derivative Introduced
- 2009 – BSE Launches BSE STAR MF – Mutual Fund trading platform
- 2010 – Market time changed to 9.00 a.m. – 3.30 p.m.
- 2017 – BSE becomes India’s 1st Listed Exchange
- 2018 – BSE STAR MF crossed 10000 Mutual Funds Distributors registrations
Sensex Journey
Note: On 23 May 2019 – The SENSEX closed at “40,000.100” at 10:45 AM. (2019 Loksabha Election results were getting published)