Mumbai, Jul 9 (FN Representative) The BSE, formerly known as the Bombay Stock Exchange Limited, and the oldest stock exchange in Asia, celebrated its 147th foundation day on Friday BSE Limited, Mumbai’s Feroz Jijibhoy Towers Dalal Street has turned the fortunes of millions and has a number of companies listed around the world. Established on July 9, 1875, the BSE is the first and fastest stock exchange in Asia.
Commenting on BSE’s 147th Foundation Day, Ashishkumar Chauhan, MD & CEO, BSE said ‘BSE has acted as a catalyst for investments and wealth creation for the entire India over 147 years since it was set up. Success of BSE’s efforts can be seen in more than 7.2 crore investor accounts, 4700 plus listed companies and over USD 3 trillion of equities markets capitalization. BSE has been able to create the trust and comfort over the time spanning 19th , 20th and 21st century amongst the investor community that will help India achieve double digit annual growth in the time to come.” Over the last 147 years, the BSE has facilitated the provision of an efficient capital mobilization platform to integrate the growth of the Indian corporate sector. Today’s BSENI was founded in 1875 as “The Native Share and Stock Brokers Association”. Today BSE provides an efficient and transparent market for trading of equities, currencies, debt instruments, derivatives.
Ahmedabad-based India INX The country’s first international exchange Ahmedabad’s Gift City-based India’s first international exchange IFSC is a wholly owned subsidiary of BSE. BSE is also the first listed stock exchange in India. BSE provides many other services including risk management, market data services and education to capital market participants. The BSE system and processes are designed to protect the integrity of the market, promote the growth of the Indian capital market and promote innovation and competition in all areas of the market. BSE Limited is a public limited company which is listed on the National Stock Exchange (NSE). This means you can buy or sell BSE shares on the NSE. The stock closed at Rs 974.95 on July 7. The stock has touched a high of Rs 1,008.