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Coordinates: 18°55′47″N 72°50′00″E / 18.9298°N 72.8334°E / 18.9298; 72.8334 (Bombay Stock Exchange)
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|type = [[Stock exchange]]
|type = [[Stock exchange]]
|city = [[Mumbai]], [[Maharashtra]]
|city = [[Mumbai]], [[Maharashtra]]
|country = [[India]]
|country = [[India]]
|founder = [[Premchand Roychand]]
|foundation = {{Start date and age|9 July 1875|df=yes}}<ref>{{Cite web|last=India|first=BSE|title=Corporate profile|url=https://www.bseindia.com/downloads/Corporate_Profile.pdf|access-date=8 August 2020|archive-date=25 September 2021|archive-url=https://web.archive.org/web/20210925041127/https://www.bseindia.com/downloads/Corporate_Profile.pdf|url-status=live}}</ref>
|foundation = {{Start date and age|9 July 1875|df=yes}}<ref>{{Cite web|last=India|first=BSE|title=Corporate profile|url=https://www.bseindia.com/downloads/Corporate_Profile.pdf|access-date=8 August 2020|archive-date=25 September 2021|archive-url=https://web.archive.org/web/20210925041127/https://www.bseindia.com/downloads/Corporate_Profile.pdf|url-status=live}}</ref>
|key_people = {{ubl|Pramod Agrawal<br />{{small|([[Chairman]])}}<ref>{{cite news |title=Pramod Agrawal to take charge as BSE's new Chairman from January 17 |url=https://www.business-standard.com/markets/news/pramod-agrawal-to-take-charge-as-bse-s-new-chairman-from-january-17-123122001181_1.html |work=[[Business Standard]] |date=20 December 2023}}</ref>}}
|key_people = {{ubl|Pramod Agrawal<br />{{small|([[Chairman]])}}<ref>{{cite news |title=Pramod Agrawal to take charge as BSE's new Chairman from January 17 |url=https://www.business-standard.com/markets/news/pramod-agrawal-to-take-charge-as-bse-s-new-chairman-from-january-17-123122001181_1.html |work=[[Business Standard]] |date=20 December 2023}}</ref>}}
{{ubl| Sundararaman Ramamurthy <br />{{small|([[Managing Director|MD]] & [[Chief Executive Officer|CEO]])}}<ref>{{cite web |url= https://www.bseindia.com/enwiki/static/about/boardofdirectors_new.aspx |title= bse bod |access-date= 11 January 2023 |archive-date= 11 January 2023 |archive-url= https://web.archive.org/web/20230111193659/https://www.bseindia.com/enwiki/static/about/boardofdirectors_new.aspx |url-status= live }}</ref>}}
{{ubl| Sundararaman Ramamurthy <br />{{small|([[Managing Director|MD]] & [[Chief Executive Officer|CEO]])}}<ref>{{cite web |url= https://www.bseindia.com/enwiki/static/about/boardofdirectors_new.aspx |title= bse bod |access-date= 11 January 2023 |archive-date= 11 January 2023 |archive-url= https://web.archive.org/web/20230111193659/https://www.bseindia.com/enwiki/static/about/boardofdirectors_new.aspx |url-status= live }}</ref>}}
|currency = [[Indian rupee]] ({{INR}})
|currency = [[Indian rupee]] ({{INR}})
|listings = 5,423<ref>{{cite web |title=All India Market Capitalization {{!}} BSE Listed stocks Market Capitalization |url=https://www.bseindia.com/markets/equity/EQReports/allindiamktcap.aspx |publisher=BSE |access-date=17 July 2024}}</ref>
|listings = 5,512<ref>{{cite web |title=All India Market Capitalization {{!}} BSE Listed stocks Market Capitalization |url=https://www.bseindia.com/markets/equity/EQReports/allindiamktcap.aspx |publisher=BSE |access-date=2 October 2024}}</ref>
|mcap = {{INRConvert|455|t|lk=r|year=2024}} (15 July 2024)<ref>{{cite news |title=Record rally takes BSE market capitalisation to lifetime high of $5.45 trillion |url=https://www.firstpost.com/india/record-rally-takes-bse-market-capitalisation-to-lifetime-high-of-5-45-trillion-13793364.html |access-date=17 July 2024 |newspaper=[[Firstpost]]}}</ref>
|mcap = {{nowrap|{{INRConvert|461|lc|lk=r|year=2024}}}} (4 Oct 2024)<ref>{{cite news |title=Mkts suffer worst week in over 2 yrs; West Asia crisis weighs on sentiment |url=https://www.business-standard.com/markets/news/mkts-suffer-worst-week-in-over-2-yrs-west-asia-crisis-weighs-on-sentiment-124100400998_1.html |access-date=5 October 2024 |work=Business Standard|date=4 October 2024}}</ref>
|indexes = {{ubl|[[BSE SENSEX]] | BSE 100 | BSE 500 |BSE MidCap| BSE SmallCap<ref>{{cite news |title=BSE relaunches Sensex, Bankex derivative contracts |url=https://economictimes.indiatimes.com/markets/stocks/news/bse-relaunches-sensex-bankex-derivative-contracts/articleshow/100244324.cms |work=The Economic Times |date=15 May 2023 |language=en}}</ref>}}
|indexes = {{ubl|[[BSE SENSEX]] | BSE 100 | BSE 500 |BSE MidCap| BSE SmallCap<ref>{{cite news |title=BSE relaunches Sensex, Bankex derivative contracts |url=https://economictimes.indiatimes.com/markets/stocks/news/bse-relaunches-sensex-bankex-derivative-contracts/articleshow/100244324.cms |work=The Economic Times |date=15 May 2023 |language=en}}</ref>}}
|homepage = [https://www.bseindia.com/ bseindia.com]
|homepage = [https://www.bseindia.com/ bseindia.com]
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|coordinates={{coord|18.929681|N|72.833589|E|region:IN-MH_type:landmark}}}}
|coordinates={{coord|18.929681|N|72.833589|E|region:IN-MH_type:landmark}}}}


'''BSE Limited''', also known as the '''Bombay Stock Exchange''' ('''BSE'''), is an Indian [[stock exchange]] which is located on [[Dalal Street]], known as the [[Wall Street]] of [[Mumbai]],<ref>{{cite web|title=What Is Dalal Street?|url=https://www.investopedia.com/terms/d/dalalstreet.asp#:~:text=Dalal%20Street%20is%20a%20street,for%20the%20Indian%20financial%20sector|author=James Chen|publisher=Dotdash Meredith}}</ref> in turn described as the [[New York City|New York]] of India.<ref>{{cite web|title=Mumbai Is India's New York|url=https://www.npr.org/2008/11/27/97568932/mumbai-is-indias-new-york|access-date=18 February 2024|publisher=NPR}}</ref> Established in 1875 by cotton merchant [[Premchand Roychand]],<ref name="bseindia.com">{{cite web|url=http://www.bseindia.com/enwiki/static/about/introduction.aspx?expandable=0|title=BSE-Introduction|website=bseindia.com|access-date=31 January 2018|archive-url=https://web.archive.org/web/20180131201340/http://www.bseindia.com/enwiki/static/about/introduction.aspx?expandable=0|archive-date=31 January 2018|url-status=dead}}</ref> it is the oldest stock exchange in [[Asia]],<ref name="Rawal2015">{{cite book|author=Priya Rawal|title=Indian Stock Market and Investors Strategy|url=https://books.google.com/books?id=xLsoCAAAQBAJ&pg=PA12|date=16 April 2015|publisher=Priya Rawal|isbn=978-1-5053-5668-7|pages=12–|access-date=23 November 2018|archive-date=11 January 2023|archive-url=https://web.archive.org/web/20230111193659/https://books.google.com/books?id=xLsoCAAAQBAJ&pg=PA12|url-status=live}}</ref> and also the tenth oldest in the world.<ref>{{Cite web|url=https://www.oldest.org/technology/stock-exchanges/|archive-url=https://web.archive.org/web/20210304212435/https://www.oldest.org/technology/stock-exchanges/|archive-date=4 March 2021|title=10 Oldest Stock Exchanges in the World|date=10 September 2020|url-status=live }}</ref> The BSE is the [[List of stock exchanges|world's 7th largest stock exchange]] with a [[market capitalization]] exceeding US$5 trillion as of May 2024.<ref name="WFE">{{cite web|url=https://www.world-exchanges.org/home/index.php/monthly-reports-tool|title=Monthly Reports - World Federation of Exchanges|publisher=WFE|access-date=21 May 2018|archive-date=11 January 2023|archive-url=https://web.archive.org/web/20230111193701/https://www.world-exchanges.org/our-work/statistics|url-status=live}}</ref>
'''BSE Limited''', also known as the '''Bombay Stock Exchange''' ('''BSE'''), is an Indian [[stock exchange]] which is located on [[Dalal Street]].<ref>{{cite web|title=What Is Dalal Street?|url=https://www.investopedia.com/terms/d/dalalstreet.asp#:~:text=Dalal%20Street%20is%20a%20street,for%20the%20Indian%20financial%20sector|author=James Chen|publisher=Dotdash Meredith}}</ref> Established in 1875 by cotton merchant [[Premchand Roychand]],<ref name="bseindia.com">{{cite web|url=http://www.bseindia.com/enwiki/static/about/introduction.aspx?expandable=0|title=BSE-Introduction|website=bseindia.com|access-date=31 January 2018|archive-url=https://web.archive.org/web/20180131201340/http://www.bseindia.com/enwiki/static/about/introduction.aspx?expandable=0|archive-date=31 January 2018|url-status=dead}}</ref> it is the oldest stock exchange in [[Asia]],<ref name="Rawal2015">{{cite book|author=Priya Rawal|title=Indian Stock Market and Investors Strategy|url=https://books.google.com/books?id=xLsoCAAAQBAJ&pg=PA12|date=16 April 2015|publisher=Priya Rawal|isbn=978-1-5053-5668-7|pages=12–|access-date=23 November 2018|archive-date=11 January 2023|archive-url=https://web.archive.org/web/20230111193659/https://books.google.com/books?id=xLsoCAAAQBAJ&pg=PA12|url-status=live}}</ref> and also the tenth oldest in the world.<ref>{{Cite web|url=https://www.oldest.org/technology/stock-exchanges/|archive-url=https://web.archive.org/web/20210304212435/https://www.oldest.org/technology/stock-exchanges/|archive-date=4 March 2021|title=10 Oldest Stock Exchanges in the World|date=10 September 2020|url-status=live }}</ref> The BSE is the [[List of stock exchanges|world's 6th largest stock exchange]] with a [[market capitalization]] exceeding US$5 trillion on May 21, 2024.<ref name="WFE">{{cite web|url=https://www.world-exchanges.org/home/index.php/monthly-reports-tool|title=Monthly Reports - World Federation of Exchanges|publisher=WFE|access-date=21 May 2018|archive-date=11 January 2023|archive-url=https://web.archive.org/web/20230111193701/https://www.world-exchanges.org/our-work/statistics|url-status=live}}</ref>


==History==
==History==
[[File:Bombay Stock Exchange logo.svg|thumb|Bombay Stock Exchange logo until ''June 2023'']]
[[File:Bombay Stock Exchange logo.svg|thumb|Bombay Stock Exchange logo until ''June 2023'']]
Bombay Stock Exchange was founded by [[Premchand Roychand]] in 1875.<ref>{{cite news |title=BSE may set another record, become an official tourist spot |url=https://www.newindianexpress.com/cities/mumbai/2017/oct/06/bse-may-set-another-record-become-an-official-tourist-spot-1667426.html |access-date=4 November 2021 |work=[[The New Indian Express]] |agency=[[Press Trust of India]] |date=6 October 2017 |archive-date=4 November 2021 |archive-url=https://web.archive.org/web/20211104151832/https://www.newindianexpress.com/cities/mumbai/2017/oct/06/bse-may-set-another-record-become-an-official-tourist-spot-1667426.html |url-status=live }}</ref> While BSE Limited is now synonymous with Dalal Street, it was not always so. In the 1850s, four [[Gujarati people|Gujarati]] and one [[Parsis|Parsi]] stockbroker gathered together under a [[Banyan]] tree in front of Bombay (now Mumbai) Town Hall, where Horniman Circle is now situated.<ref>{{Cite web|url=https://www.researchgate.net/publication/289504506|title=The Profile of the Bombay Stock Exchange Limited}}</ref> <ref name="bseindia.com" />A decade later, the brokers moved their location to under the banyan trees at the junction of Meadows Street and what was then called Esplanade Road, now Mahatma Gandhi Road. With a rapid increase in the number of brokers, they had to shift places repeatedly. At last, in 1874, the brokers found a permanent location, the one that they could call their own. The brokers group became an official organization known as "The Native Share & Stock Brokers Association" in 1875.<ref>{{cite web |title=The History of Bombay Stock Exchange | via=[[YouTube]] |url=https://www.youtube.com/watch?v=oDkiJcRWvRQ| archive-url=https://ghostarchive.org/varchive/youtube/20211030/oDkiJcRWvRQ| archive-date=2021-10-30}}{{cbignore}}</ref>
Bombay Stock Exchange was founded by [[Premchand Roychand]] in 1875.<ref>{{cite news |title=BSE may set another record, become an official tourist spot |url=https://www.newindianexpress.com/cities/mumbai/2017/oct/06/bse-may-set-another-record-become-an-official-tourist-spot-1667426.html |access-date=4 November 2021 |work=[[The New Indian Express]] |agency=[[Press Trust of India]] |date=6 October 2017 |archive-date=4 November 2021 |archive-url=https://web.archive.org/web/20211104151832/https://www.newindianexpress.com/cities/mumbai/2017/oct/06/bse-may-set-another-record-become-an-official-tourist-spot-1667426.html |url-status=live }}</ref> While BSE Limited is now synonymous with Dalal Street, it was not always so. In the 1850s, four [[Gujarati people|Gujarati]] and one [[Parsis|Parsi]] stockbroker gathered together under a [[Banyan]] tree in front of Bombay (now Mumbai) Town Hall, where Horniman Circle is now situated.<ref name="bseindia.com" /><ref>{{Cite web|url=https://www.researchgate.net/publication/289504506|title=The Profile of the Bombay Stock Exchange Limited}}</ref> A decade later, the brokers moved their location to under the banyan trees at the junction of Meadows Street and what was then called Esplanade Road, now Mahatma Gandhi Road. With a rapid increase in the number of brokers, they had to shift places repeatedly. At last, in 1874, the brokers found a permanent location, the one that they could call their own. The brokers group became an official organization known as "The Native Share & Stock Brokers Association" in 1875.<ref>{{cite web |title=The History of Bombay Stock Exchange | date=11 September 2014 | via=[[YouTube]] |url=https://www.youtube.com/watch?v=oDkiJcRWvRQ| archive-url=https://ghostarchive.org/varchive/youtube/20211030/oDkiJcRWvRQ| archive-date=2021-10-30}}{{cbignore}}</ref>


On 12 March 1993, a car bomb exploded in the basement of the building during the [[1993 Bombay bombings]].<ref>{{Cite news|url=http://www.news18.com/news/india/the-1993-mumbai-blasts-what-exactly-happened-on-march-12-that-year-598045.html|title=The 1993 Mumbai Blasts: What Exactly Happened on March 12 That Year|work=News18|access-date=16 October 2017|archive-date=16 October 2017|archive-url=https://web.archive.org/web/20171016230012/http://www.news18.com/news/india/the-1993-mumbai-blasts-what-exactly-happened-on-march-12-that-year-598045.html|url-status=live}}</ref> The BSE is also a Partner Exchange of the [[Sustainable Stock Exchanges Initiative|United Nations Sustainable Stock Exchange initiative]], joining in September 2012.<ref>{{cite web|title=Bombay Stock Exchange (BSE) commits to promoting sustainability|url=http://unctad.org/en/pages/newsdetails.aspx?OriginalVersionID=310&Sitemap_x0020_Taxonomy=ISAR%20-%20Corporate%20Transparency%20-%20Accounting;#6;|work=UNCTAD| date=28 September 2012 |access-date=2016-04-29|archive-date=2 April 2015|archive-url=https://web.archive.org/web/20150402104057/http://unctad.org/en/pages/newsdetails.aspx?OriginalVersionID=310&Sitemap_x0020_Taxonomy=ISAR%20-%20Corporate%20Transparency%20-%20Accounting;#6;|url-status=live}}</ref> BSE established India [[India International Exchange|INX]] on 30 December 2016. India INX is the first international exchange of India.<ref>{{cite web|url=http://www.indiainx.com/enwiki/static/about.aspx|title=India INX|website=indiainx.com|access-date=15 March 2018|archive-date=18 October 2018|archive-url=https://web.archive.org/web/20181018051133/http://www.indiainx.com/enwiki/static/about.aspx|url-status=live}}</ref> BSE became the first stock exchange in the country to launch commodity derivatives contract in gold and silver in October 2018.<ref>{{cite web|url=https://www.thehindubusinessline.com/markets/bse-launches-commodity-derivative-contracts-in-gold-silver/article25095987.ece|title=India thehindubusinessline|website=Business Line|date=October 2018 |access-date=25 October 2018|archive-date=27 July 2020|archive-url=https://web.archive.org/web/20200727013230/https://www.thehindubusinessline.com/markets/bse-launches-commodity-derivative-contracts-in-gold-silver/article25095987.ece|url-status=live}}</ref>
On 12 March 1993, a car bomb exploded in the basement of the building during the [[1993 Bombay bombings]].<ref>{{Cite news|url=http://www.news18.com/news/india/the-1993-mumbai-blasts-what-exactly-happened-on-march-12-that-year-598045.html|title=The 1993 Mumbai Blasts: What Exactly Happened on March 12 That Year|work=News18|access-date=16 October 2017|archive-date=16 October 2017|archive-url=https://web.archive.org/web/20171016230012/http://www.news18.com/news/india/the-1993-mumbai-blasts-what-exactly-happened-on-march-12-that-year-598045.html|url-status=live}}</ref> The BSE is also a Partner Exchange of the [[Sustainable Stock Exchanges Initiative|United Nations Sustainable Stock Exchange initiative]], joining in September 2012.<ref>{{cite web|title=Bombay Stock Exchange (BSE) commits to promoting sustainability|url=http://unctad.org/en/pages/newsdetails.aspx?OriginalVersionID=310&Sitemap_x0020_Taxonomy=ISAR%20-%20Corporate%20Transparency%20-%20Accounting;#6;|work=UNCTAD| date=28 September 2012 |access-date=2016-04-29|archive-date=2 April 2015|archive-url=https://web.archive.org/web/20150402104057/http://unctad.org/en/pages/newsdetails.aspx?OriginalVersionID=310&Sitemap_x0020_Taxonomy=ISAR%20-%20Corporate%20Transparency%20-%20Accounting;#6;|url-status=live}}</ref> BSE established India [[India International Exchange|INX]] on 30 December 2016. India INX is the first international exchange of India.<ref>{{cite web|url=http://www.indiainx.com/enwiki/static/about.aspx|title=India INX|website=indiainx.com|access-date=15 March 2018|archive-date=18 October 2018|archive-url=https://web.archive.org/web/20181018051133/http://www.indiainx.com/enwiki/static/about.aspx|url-status=live}}</ref> BSE became the first stock exchange in the country to launch commodity derivatives contract in gold and silver in October 2018.<ref>{{cite web|url=https://www.thehindubusinessline.com/markets/bse-launches-commodity-derivative-contracts-in-gold-silver/article25095987.ece|title=India thehindubusinessline|website=Business Line|date=October 2018 |access-date=25 October 2018|archive-date=27 July 2020|archive-url=https://web.archive.org/web/20200727013230/https://www.thehindubusinessline.com/markets/bse-launches-commodity-derivative-contracts-in-gold-silver/article25095987.ece|url-status=live}}</ref>
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* The [[Bimal Jalan]] Committee report estimated that barely 3% of India's population invested in the stock market, as compared to 27% in the [[United States]] and 10% in [[China]].<ref>{{cite news|title=Increasing retail investor base: SEBI has a tough job ahead|url=https://www.moneylife.in/article/increasing-retail-investor-base-sebi-has-a-tough-job-ahead/16977.html|access-date=24 April 2018|publisher=Moneylife|date=2 June 2011}}</ref><ref>{{cite book|last1=Jalan|first1=Bimal|title=Jalan Committee report 2010 – Review of Ownership andGovernance of Market Infrastructure Institutions|date=1 November 2010|publisher=SEBI|location=Mumbai|url=https://www.sebi.gov.in/sebi_data/attachdocs/1293692968573.pdf|access-date=24 April 2018}}</ref><ref>{{cite book|last1=Chandrasekhar|first1=C.P.|last2=Mallick|first2=Sarat|last3=A|first3=Akriti|title=The elusive retail investor: How deep can (and should) India's stock markets be?|publisher=SEBI|url=https://www.sebi.gov.in/sebi_data/DRG_Study/elusiveretailinvestor.pdf|access-date=24 April 2018}}</ref><ref>{{cite book|last1=Library of Congress|first1=Federal Research Division|title=FINANCIAL LITERACY AMONG RETAIL INVESTORS IN THE UNITED STATES|date=30 December 2011|publisher=SEC / The library of congress|location=Washington DC|url=https://www.sec.gov/news/studies/2012/917-financial-literacy-study-part2.pdf|access-date=24 April 2018}}</ref>
* The [[Bimal Jalan]] Committee report estimated that barely 3% of India's population invested in the stock market, as compared to 27% in the [[United States]] and 10% in [[China]].<ref>{{cite news|title=Increasing retail investor base: SEBI has a tough job ahead|url=https://www.moneylife.in/article/increasing-retail-investor-base-sebi-has-a-tough-job-ahead/16977.html|access-date=24 April 2018|publisher=Moneylife|date=2 June 2011}}</ref><ref>{{cite book|last1=Jalan|first1=Bimal|title=Jalan Committee report 2010 – Review of Ownership andGovernance of Market Infrastructure Institutions|date=1 November 2010|publisher=SEBI|location=Mumbai|url=https://www.sebi.gov.in/sebi_data/attachdocs/1293692968573.pdf|access-date=24 April 2018}}</ref><ref>{{cite book|last1=Chandrasekhar|first1=C.P.|last2=Mallick|first2=Sarat|last3=A|first3=Akriti|title=The elusive retail investor: How deep can (and should) India's stock markets be?|publisher=SEBI|url=https://www.sebi.gov.in/sebi_data/DRG_Study/elusiveretailinvestor.pdf|access-date=24 April 2018}}</ref><ref>{{cite book|last1=Library of Congress|first1=Federal Research Division|title=FINANCIAL LITERACY AMONG RETAIL INVESTORS IN THE UNITED STATES|date=30 December 2011|publisher=SEC / The library of congress|location=Washington DC|url=https://www.sec.gov/news/studies/2012/917-financial-literacy-study-part2.pdf|access-date=24 April 2018}}</ref>
* [[The Economic Times]] estimated that as of April 2018, 6 crore (60 million) retail investors had invested their savings in stocks in India, either through direct purchases of equities or through mutual funds.<ref>{{cite news|last1=Thukral|first1=Arun|title=For those who do not make much money in stocks, here's the catch|url=https://economictimes.indiatimes.com/markets/stocks/news/for-those-who-do-not-make-much-money-in-stocks-heres-the-catch/articleshow/63891555.cms|access-date=24 April 2018|work=The Economic Times|date=24 April 2018}}</ref>
* [[The Economic Times]] estimated that as of April 2018, 6 crore (60 million) retail investors had invested their savings in stocks in India, either through direct purchases of equities or through mutual funds.<ref>{{cite news|last1=Thukral|first1=Arun|title=For those who do not make much money in stocks, here's the catch|url=https://economictimes.indiatimes.com/markets/stocks/news/for-those-who-do-not-make-much-money-in-stocks-heres-the-catch/articleshow/63891555.cms|access-date=24 April 2018|work=The Economic Times|date=24 April 2018}}</ref>
* The total market capitalization of Bombay Stock Exchange hits the mark of 400 lakh crores.<ref>https://www.hindustantimes.com/business/bse-all-listed-firms-market-cap-hits-rs-400-lakh-crore-a-first-top-points-101712550815127.html {{Bare URL inline|date=August 2024}}</ref>
* [[Morgan Stanley]] has noted that the Indian stocks have been through four [[bear markets]] in 25 years, or since foreign investors became actively involved with Indian equities.<ref>{{Cite web |date=2020-03-25 |title=India faced 4 bear markets in 25 years; why this one is different |url=https://www.cnbctv18.com/market/india-faced-4-bear-markets-in-25-years-why-this-one-is-different-5553371.htm |access-date=2024-01-26 |website=CNBCTV18 |language=en}}</ref> [[The Economic Times]] estimate that the Indian stock market sees a bear market on average once every 3 years, similar to the US market. It uses the Nifty 50 index as a reference point and identifies eight 20% drops in the last 25 years.<ref>{{Cite web |last=Bhasin |first=Tinesh |date=2022-12-29 |title=Best Investment Strategies To Survive in a Bear Market |url=https://www.etmoney.com/learn/personal-finance/investment-strategies-to-survive-a-bear-market/ |access-date=2024-01-26 |website=Learn About Investment Tax Saving, and Financial Planning. |language=en-US}}</ref>
* [[Morgan Stanley]] has noted that the Indian stocks have been through four [[bear markets]] in 25 years, or since foreign investors became actively involved with Indian equities.<ref>{{Cite web |date=2020-03-25 |title=India faced 4 bear markets in 25 years; why this one is different |url=https://www.cnbctv18.com/market/india-faced-4-bear-markets-in-25-years-why-this-one-is-different-5553371.htm |access-date=2024-01-26 |website=CNBCTV18 |language=en}}</ref> [[The Economic Times]] estimate that the Indian stock market sees a bear market on average once every 3 years, similar to the US market. It uses the Nifty 50 index as a reference point and identifies eight 20% drops in the last 25 years.<ref>{{Cite web |last=Bhasin |first=Tinesh |date=2022-12-29 |title=Best Investment Strategies To Survive in a Bear Market |url=https://www.etmoney.com/learn/personal-finance/investment-strategies-to-survive-a-bear-market/ |access-date=2024-01-26 |website=Learn About Investment Tax Saving, and Financial Planning. |language=en-US}}</ref>
* According to [[SEBI]], during FY 2022–23, 73% of [[mutual fund]] units were redeemed within 2 years of investment. Only investments in 3% of the units continued for more than 5 years.<ref>{{Cite web|url=https://www.sebi.gov.in/reports-and-statistics/publications/oct-2022/annual-report-2021-22_63812.html|title=SEBI &#124; Annual Report 2021-22|website=sebi.gov.in}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/markets/stocks/news/50-mutual-funds-get-redeemed-within-a-year-is-long-term-investing-dead/articleshow/100464529.cms|title=50% mutual funds get redeemed within a year. Is long-term investing dead?|first=Nikhil|last=Agarwal|newspaper=The Economic Times |date=24 May 2023}}</ref>
* According to [[SEBI]], during FY 2022–23, 73% of [[mutual fund]] units were redeemed within 2 years of investment. Only investments in 3% of the units continued for more than 5 years.<ref>{{Cite web|url=https://www.sebi.gov.in/reports-and-statistics/publications/oct-2022/annual-report-2021-22_63812.html|title=SEBI &#124; Annual Report 2021-22|website=sebi.gov.in}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/markets/stocks/news/50-mutual-funds-get-redeemed-within-a-year-is-long-term-investing-dead/articleshow/100464529.cms|title=50% mutual funds get redeemed within a year. Is long-term investing dead?|first=Nikhil|last=Agarwal|newspaper=The Economic Times |date=24 May 2023}}</ref>
* Another study conducted by the SEBI, approximately 89% of individual [[stock trader]]s in the equity Futures & Options (F&O) segment incurred losses during the financial year 2021-22.<ref>{{Cite web|url=https://www.sebi.gov.in/reports-and-statistics/research/jan-2023/study-analysis-of-profit-and-loss-of-individual-traders-dealing-in-equity-fando-segment_67525.html|title=SEBI &#124; Study - Analysis of Profit and Loss of Individual Traders dealing in Equity F&O Segment|website=sebi.gov.in}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/markets/stocks/news/sebi-study-suggests-89-pc-retail-traders-in-equity-fo-suffered-losses-in-fy22/articleshow/97322969.cms|title=Sebi study suggests 89% retail traders in equity F&O suffered losses in FY22|newspaper=The Economic Times |date=25 January 2023}}</ref><ref>{{Cite news|url=https://timesofindia.indiatimes.com/business/india-business/9-in-10-derivative-traders-lose-money-sebi-study/articleshow/97335807.cms|title=9 in 10 derivative traders lose money: Sebi study|newspaper=The Times of India |date=26 January 2023}}</ref>
* Another study conducted by the SEBI, approximately 89% of individual [[stock trader]]s in the equity Futures & Options (F&O) segment incurred losses during the financial year 2021-22.<ref>{{Cite web|url=https://www.sebi.gov.in/reports-and-statistics/research/jan-2023/study-analysis-of-profit-and-loss-of-individual-traders-dealing-in-equity-fando-segment_67525.html|title=SEBI &#124; Study - Analysis of Profit and Loss of Individual Traders dealing in Equity F&O Segment|website=sebi.gov.in}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/markets/stocks/news/sebi-study-suggests-89-pc-retail-traders-in-equity-fo-suffered-losses-in-fy22/articleshow/97322969.cms|title=Sebi study suggests 89% retail traders in equity F&O suffered losses in FY22|newspaper=The Economic Times |date=25 January 2023}}</ref><ref>{{Cite news|url=https://timesofindia.indiatimes.com/business/india-business/9-in-10-derivative-traders-lose-money-sebi-study/articleshow/97335807.cms|title=9 in 10 derivative traders lose money: Sebi study|newspaper=The Times of India |date=26 January 2023}}</ref>
* According to a [[Reserve Bank of India]] report, mutual funds attracted 6% of household savings in FY2023 and less than 1% went into direct equities.<ref name=":0">{{Cite web |title=Reserve Bank of India - RBI Bulletin |url=https://www.rbi.org.in/Scripts/BS_ViewBulletin.aspx?Id=19895 |access-date=2024-03-04 |website=rbi.org.in}}</ref><ref>https://www.business-standard.com/markets/mutual-fund/mutual-funds-attract-6-of-household-savings-in-fy23-shows-rbi-data-123092000972_1.html</ref><ref name=":1">{{Cite web |title=Reserve Bank of India - Household Financial Savings |url=https://www.rbi.org.in/Scripts/QuarterlyPublications.aspx?head=Household+Financial+Savings |access-date=2024-03-04 |website=rbi.org.in}}</ref> Almost 95% of household savings in India are held in [[Deposit account|bank deposits]], including [[fixed deposit]], [[provident fund]], [[Public Provident Fund (India)|PPF]], [[life insurance]], and various small savings schemes.<ref name=":0" /><ref>https://www.business-standard.com/markets/mutual-fund/mutual-funds-attract-6-of-household-savings-in-fy23-shows-rbi-data-123092000972_1.html</ref><ref name=":1" />
* According to a [[Reserve Bank of India]] report, mutual funds attracted 6% of household savings in FY2023 and less than 1% went into direct equities.<ref name=":0">{{Cite web |title=Reserve Bank of India - RBI Bulletin |url=https://www.rbi.org.in/Scripts/BS_ViewBulletin.aspx?Id=19895 |access-date=2024-03-04 |website=rbi.org.in}}</ref><ref name=":2">{{Cite web |title=Mutual funds attract 6% of household savings in FY23, shows RBI data |url=https://www.business-standard.com/markets/mutual-fund/mutual-funds-attract-6-of-household-savings-in-fy23-shows-rbi-data-123092000972_1.html |access-date=2024-08-07}}</ref><ref name=":1">{{Cite web |title=Reserve Bank of India - Household Financial Savings |url=https://www.rbi.org.in/Scripts/QuarterlyPublications.aspx?head=Household+Financial+Savings |access-date=2024-03-04 |website=rbi.org.in}}</ref> Almost 95% of household savings in India are held in [[Deposit account|bank deposits]], including [[fixed deposit]], [[provident fund]], [[Public Provident Fund (India)|PPF]], [[life insurance]], and various small savings schemes.<ref name=":0" /><ref name=":2" /><ref name=":1" />
* [[Maharashtra]] accounts for the most number of investors. More than 15 million or 21 percent of registered investors with the BSE are from the state, followed by [[Gujarat]] (8.6 million), [[Uttar Pradesh]] (5.3 million), [[Tamil Nadu]] (4.3 million) and [[Karnataka]] (4.2 million). These five states account for more than half or 53 percent of all the registered investors.<ref>{{Cite news |last=Vardhan |first=Pratap |date=2022-09-08 |title=Data {{!}} Which Indian State has the most number of stock market investors |url=https://www.thehindu.com/data/data-which-indian-state-has-the-most-number-of-stock-market-investors/article65865212.ece |access-date=2024-01-26 |work=The Hindu |language=en-IN |issn=0971-751X}}</ref><ref>{{Cite web |date=2021-06-07 |title=These 10 states account for nearly 80% of retail investors |url=https://www.moneycontrol.com/news/trends/current-affairs-trends/these-10-states-account-for-nearly-80-of-retail-investors-6998621.html |access-date=2024-01-26 |website=Moneycontrol |language=en}}</ref>
* [[Maharashtra]] accounts for the most number of investors. More than 15 million or 21 percent of registered investors with the BSE are from the state, followed by [[Gujarat]] (8.6 million), [[Uttar Pradesh]] (5.3 million), [[Tamil Nadu]] (4.3 million) and [[Karnataka]] (4.2 million). These five states account for more than half or 53 percent of all the registered investors.<ref>{{Cite news |last=Vardhan |first=Pratap |date=2022-09-08 |title=Data {{!}} Which Indian State has the most number of stock market investors |url=https://www.thehindu.com/data/data-which-indian-state-has-the-most-number-of-stock-market-investors/article65865212.ece |access-date=2024-01-26 |work=The Hindu |language=en-IN |issn=0971-751X}}</ref><ref>{{Cite web |date=2021-06-07 |title=These 10 states account for nearly 80% of retail investors |url=https://www.moneycontrol.com/news/trends/current-affairs-trends/these-10-states-account-for-nearly-80-of-retail-investors-6998621.html |access-date=2024-01-26 |website=Moneycontrol |language=en}}</ref>
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{{See also|NSE co-location scam}}
{{See also|NSE co-location scam}}


The Indian stock exchanges BSE and NSE have witnessed several high-profile corruption scandals.<ref>{{cite news | url=https://economictimes.indiatimes.com/markets/stocks/news/how-indias-trading-queen-and-mystery-guru-engulfed-nse-in-scandal/articleshow/90343226.cms?from=mdr | title=How India's trading queen and mystery guru engulfed NSE in scandal | newspaper=The Economic Times }}</ref><ref>{{cite news | url=https://economictimes.indiatimes.com/markets/stocks/news/the-fall-of-nse-corruption-or-hubris/articleshow/69154289.cms | title=The fall of NSE: Corruption or hubris? | newspaper=The Economic Times | last1=Rangan | first1=MC Govardhana }}</ref><ref>{{cite news | url=https://www.reuters.com/article/idINIndia-53153120101125 | title=BSE Sensex drops as corruption scandal weighs | agency=Reuters | date=25 November 2010 }}</ref><ref>{{cite web | url=https://www.businesstoday.in/latest/corporate/story/sebi-penalises-bse-nse-for-laxity-in-karvy-fraud-case-329647-2022-04-13 | title=SEBI penalises BSE, NSE for 'laxity' in Karvy fraud case | date=13 April 2022 }}</ref><ref>{{cite news | url=https://www.business-standard.com/article/markets/trading-queen-and-mystery-guru-strange-tale-engulfs-nse-in-scandal-122032100123_1.html | title=Trading 'queen' and mystery guru: Strange tale engulfs NSE in scandal | newspaper=Business Standard India | date=21 March 2022 }}</ref> At times, the [[Securities and Exchange Board of India]] (SEBI) has barred several individuals and entities from trading on the exchanges for [[insider trading]], [[Market manipulation|stock manipulation]], especially in [[Market liquidity|illiquid]] mid-caps, [[small cap company|small-caps]] and [[penny stocks]].<ref>{{cite web |last1=Sreedhar |first1=Vidya |title=Rs 144 crore wrongful profit! Sebi finds stock manipulation in 5 smallcaps |url=https://economictimes.indiatimes.com/markets/stocks/news/sebi-bars-135-entities-from-market-on-alleged-share-manipulation-in-5-smallcaps/articleshow/101167757.cms |website=The Economic Times |access-date=24 August 2023 |date=21 June 2023}}</ref><ref>{{cite news |title=Sebi ban pinches penny stocks |url=https://www.business-standard.com/article/markets/sebi-ban-pinches-penny-stocks-105102601049_1.html |access-date=24 August 2023 |work=Business Standard}}</ref><ref>{{cite news |title=SEBI Cracks Down on Misuse of Penny Stocks |url=https://thewire.in/business/penny-stocks-bogus-claims-sebi |access-date=24 August 2023 |work=The Wire}}</ref><ref>{{cite news |title=I-T Department, SEBI begin crackdown on penny stock firms in PMO-led push |url=https://www.moneycontrol.com/news/business/markets/i-t-department-sebi-begin-crackdown-on-penny-stock-firms-in-pmo-led-push-2442315.html |access-date=24 August 2023 |work=Moneycontrol |date=20 November 2017 |language=en}}</ref>
The Indian stock exchanges BSE and NSE have witnessed several high-profile corruption scandals.<ref>{{cite news | url=https://economictimes.indiatimes.com/markets/stocks/news/how-indias-trading-queen-and-mystery-guru-engulfed-nse-in-scandal/articleshow/90343226.cms?from=mdr | title=How India's trading queen and mystery guru engulfed NSE in scandal | newspaper=The Economic Times }}</ref><ref>{{cite news | url=https://economictimes.indiatimes.com/markets/stocks/news/the-fall-of-nse-corruption-or-hubris/articleshow/69154289.cms | title=The fall of NSE: Corruption or hubris? | newspaper=The Economic Times | last1=Rangan | first1=MC Govardhana }}</ref><ref>{{cite news | url=https://www.reuters.com/article/idINIndia-53153120101125 | title=BSE Sensex drops as corruption scandal weighs | work=Reuters | date=25 November 2010 }}</ref><ref>{{cite web | url=https://www.businesstoday.in/latest/corporate/story/sebi-penalises-bse-nse-for-laxity-in-karvy-fraud-case-329647-2022-04-13 | title=SEBI penalises BSE, NSE for 'laxity' in Karvy fraud case | date=13 April 2022 }}</ref><ref>{{cite news | url=https://www.business-standard.com/article/markets/trading-queen-and-mystery-guru-strange-tale-engulfs-nse-in-scandal-122032100123_1.html | title=Trading 'queen' and mystery guru: Strange tale engulfs NSE in scandal | newspaper=Business Standard India | date=21 March 2022 }}</ref> At times, the [[Securities and Exchange Board of India]] (SEBI) has barred several individuals and entities from trading on the exchanges for [[insider trading]], [[Market manipulation|stock manipulation]], especially in [[Market liquidity|illiquid]] mid-caps, [[small cap company|small-caps]] and [[penny stocks]].<ref>{{cite web |last1=Sreedhar |first1=Vidya |title=Rs 144 crore wrongful profit! Sebi finds stock manipulation in 5 smallcaps |url=https://economictimes.indiatimes.com/markets/stocks/news/sebi-bars-135-entities-from-market-on-alleged-share-manipulation-in-5-smallcaps/articleshow/101167757.cms |website=The Economic Times |access-date=24 August 2023 |date=21 June 2023}}</ref><ref>{{cite news |title=Sebi ban pinches penny stocks |url=https://www.business-standard.com/article/markets/sebi-ban-pinches-penny-stocks-105102601049_1.html |access-date=24 August 2023 |work=Business Standard}}</ref><ref>{{cite news |title=SEBI Cracks Down on Misuse of Penny Stocks |url=https://thewire.in/business/penny-stocks-bogus-claims-sebi |access-date=24 August 2023 |work=The Wire}}</ref><ref>{{cite news |title=I-T Department, SEBI begin crackdown on penny stock firms in PMO-led push |url=https://www.moneycontrol.com/news/business/markets/i-t-department-sebi-begin-crackdown-on-penny-stock-firms-in-pmo-led-push-2442315.html |access-date=24 August 2023 |work=Moneycontrol |date=20 November 2017 |language=en}}</ref>

===Market operators illegal activity===
Market operators continue to operate in the Indian stock market, albeit within a regulatory framework aimed at ensuring transparency and fairness. Market operators are individuals or entities that actively engage in buying and selling securities to influence their prices for profit. They operate through various strategies, such as arbitrage, [[Short (finance)|short selling]], [[high-frequency trading]], [[front running]], [[Churning (finance)|churning]], [[Scalping (trading)|scalping]], [[wash trading]], spoofing, and layering, often leveraging sophisticated technology and large capital. Regulatory bodies like the Securities and Exchange Board of India (SEBI) oversee market activities to curb malpractices such as [[insider trading]], price rigging, and [[market manipulation]]. SEBI has implemented measures, including surveillance systems, to detect and penalize unethical practices. Despite these regulations, market operators exploit loopholes to gain an edge, necessitating continuous vigilance and regulatory updates. Market operators in India often use the "[[pump and dump]]" strategy, despite strict regulations against such practices. The "pump and dump" scheme involves artificially inflating the price of a stock (pump) through false or misleading positive statements. Once the price has been significantly raised, the operators then sell off their holdings (dump) at the inflated prices, leading to a sharp price decline and substantial losses for other investors who bought in at the higher prices. Their activities have continued to impact market volatility, liquidity, and price discovery, playing a significant role in the dynamics of the Indian stock market.<reF>Uppal, Jamshed Y., and Inayat U. Mangla. “Market Volatility, Manipulation, and Regulatory Response: A Comparative Study of Bombay and Karachi Stock Markets.” The Pakistan Development Review, vol. 45, no. 4, 2006, pp. 1071–83. {{JSTOR|41260669}}. Retrieved 30 May 2024.</ref><ref>Goel, A., Tripathi, V. and Agarwal, M. (2021), "Market microstructure: a comparative study of Bombay stock exchange and national stock exchange", Journal of Advances in Management Research, Vol. 18 No. 3, pp. 414-442. {{doi|10.1108/JAMR-06-2020-0109}}</ref><ref>https://www.researchgate.net/profile/Chakrapani-Chaturvedula/publication/311446941_The_Effectiveness_of_Trade_for_Trade_Segment_as_a_Surveillance_Effort_to_Prevent_Price_Manipulation_Evidence_from_India/links/58f7a2094585158d8a6c176e/The-Effectiveness-of-Trade-for-Trade-Segment-as-a-Surveillance-Effort-to-Prevent-Price-Manipulation-Evidence-from-India.pdf</reF><ref>{{cite journal | url=https://www.emerald.com/insight/content/doi/10.1108/JEFAS-04-2021-0040/full/html | doi=10.1108/JEFAS-04-2021-0040 | title=Testing the market efficiency in Indian stock market: Evidence from Bombay Stock Exchange broad market indices |year=2022 | last1=Elangovan | first1=Rajesh | last2=Irudayasamy | first2=Francis Gnanasekar | last3=Parayitam | first3=Satyanarayana | journal=Journal of Economics, Finance and Administrative Science | volume=27 | issue=54 | pages=313–327 | hdl=10419/289641 | hdl-access=free }}</ref><ref>Prabu, A.E., Bhattacharyya, I. & Ray, P. Impact of monetary policy on the Indian stock market: Does the devil lie in the detail?. Ind. Econ. Rev. 55, 27–50 (2020). {{doi|10.1007/s41775-020-00078-2}}</ref>


== See also ==
== See also ==

Latest revision as of 14:14, 6 November 2024

BSE Limited
Official logo of BSE[1]
Corporate headquarters on Dalal Street
TypeStock exchange
LocationMumbai, Maharashtra, India
Coordinates18°55′47″N 72°50′01″E / 18.929681°N 72.833589°E / 18.929681; 72.833589
Founded9 July 1875; 149 years ago (9 July 1875)[2]
Key people
CurrencyIndian rupee (₹)
No. of listings5,512[5]
Market cap₹461 lakh crore (US$5.5 trillion) (4 Oct 2024)[6]
Indices
Websitebseindia.com
Company
NSE: BSE
ISININE118H01017
Headquarters
Mumbai Edit this on Wikidata
Websitewww.bseindia.com Edit this on Wikidata

BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange which is located on Dalal Street.[8] Established in 1875 by cotton merchant Premchand Roychand,[9] it is the oldest stock exchange in Asia,[10] and also the tenth oldest in the world.[11] The BSE is the world's 6th largest stock exchange with a market capitalization exceeding US$5 trillion on May 21, 2024.[12]

History

[edit]
Bombay Stock Exchange logo until June 2023

Bombay Stock Exchange was founded by Premchand Roychand in 1875.[13] While BSE Limited is now synonymous with Dalal Street, it was not always so. In the 1850s, four Gujarati and one Parsi stockbroker gathered together under a Banyan tree in front of Bombay (now Mumbai) Town Hall, where Horniman Circle is now situated.[9][14] A decade later, the brokers moved their location to under the banyan trees at the junction of Meadows Street and what was then called Esplanade Road, now Mahatma Gandhi Road. With a rapid increase in the number of brokers, they had to shift places repeatedly. At last, in 1874, the brokers found a permanent location, the one that they could call their own. The brokers group became an official organization known as "The Native Share & Stock Brokers Association" in 1875.[15]

On 12 March 1993, a car bomb exploded in the basement of the building during the 1993 Bombay bombings.[16] The BSE is also a Partner Exchange of the United Nations Sustainable Stock Exchange initiative, joining in September 2012.[17] BSE established India INX on 30 December 2016. India INX is the first international exchange of India.[18] BSE became the first stock exchange in the country to launch commodity derivatives contract in gold and silver in October 2018.[19]

BSE was demutualized and corporatized on 19 May 2007, pursuant to the BSE (Corporatization and Demutualization) Scheme, 2005 notified by SEBI.[20][21] It was listed on NSE on 3 February 2017.[22][23][a]

Market statistics

[edit]
  • The Bimal Jalan Committee report estimated that barely 3% of India's population invested in the stock market, as compared to 27% in the United States and 10% in China.[25][26][27][28]
  • The Economic Times estimated that as of April 2018, 6 crore (60 million) retail investors had invested their savings in stocks in India, either through direct purchases of equities or through mutual funds.[29]
  • The total market capitalization of Bombay Stock Exchange hits the mark of 400 lakh crores.[30]
  • Morgan Stanley has noted that the Indian stocks have been through four bear markets in 25 years, or since foreign investors became actively involved with Indian equities.[31] The Economic Times estimate that the Indian stock market sees a bear market on average once every 3 years, similar to the US market. It uses the Nifty 50 index as a reference point and identifies eight 20% drops in the last 25 years.[32]
  • According to SEBI, during FY 2022–23, 73% of mutual fund units were redeemed within 2 years of investment. Only investments in 3% of the units continued for more than 5 years.[33][34]
  • Another study conducted by the SEBI, approximately 89% of individual stock traders in the equity Futures & Options (F&O) segment incurred losses during the financial year 2021-22.[35][36][37]
  • According to a Reserve Bank of India report, mutual funds attracted 6% of household savings in FY2023 and less than 1% went into direct equities.[38][39][40] Almost 95% of household savings in India are held in bank deposits, including fixed deposit, provident fund, PPF, life insurance, and various small savings schemes.[38][39][40]
  • Maharashtra accounts for the most number of investors. More than 15 million or 21 percent of registered investors with the BSE are from the state, followed by Gujarat (8.6 million), Uttar Pradesh (5.3 million), Tamil Nadu (4.3 million) and Karnataka (4.2 million). These five states account for more than half or 53 percent of all the registered investors.[41][42]
Indian stock market indices S&P BSE 500 (1999 to 2020)
Chart of S&P BSE SENSEX monthly data from January 1991 to May 2013

Criticism and controversies

[edit]
Main articles: 1992 Indian stock market scam, Harshad Mehta, and Ketan Parekh
See also: NSE co-location scam

The Indian stock exchanges BSE and NSE have witnessed several high-profile corruption scandals.[43][44][45][46][47] At times, the Securities and Exchange Board of India (SEBI) has barred several individuals and entities from trading on the exchanges for insider trading, stock manipulation, especially in illiquid mid-caps, small-caps and penny stocks.[48][49][50][51]

See also

[edit]

References

[edit]

Notes

[edit]
  1. ^ SEBI Regulation 45(1) of Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 prohibits self-listing of a stock exchange in India.[24]

Citations

[edit]
  1. ^ "BSE unveils new logo on its 149th foundation day". mint. 10 July 2023.
  2. ^ India, BSE. "Corporate profile" (PDF). Archived (PDF) from the original on 25 September 2021. Retrieved 8 August 2020.
  3. ^ "Pramod Agrawal to take charge as BSE's new Chairman from January 17". Business Standard. 20 December 2023.
  4. ^ "bse bod". Archived from the original on 11 January 2023. Retrieved 11 January 2023.
  5. ^ "All India Market Capitalization | BSE Listed stocks Market Capitalization". BSE. Retrieved 2 October 2024.
  6. ^ "Mkts suffer worst week in over 2 yrs; West Asia crisis weighs on sentiment". Business Standard. 4 October 2024. Retrieved 5 October 2024.
  7. ^ "BSE relaunches Sensex, Bankex derivative contracts". The Economic Times. 15 May 2023.
  8. ^ James Chen. "What Is Dalal Street?". Dotdash Meredith.
  9. ^ a b "BSE-Introduction". bseindia.com. Archived from the original on 31 January 2018. Retrieved 31 January 2018.
  10. ^ Priya Rawal (16 April 2015). Indian Stock Market and Investors Strategy. Priya Rawal. pp. 12–. ISBN 978-1-5053-5668-7. Archived from the original on 11 January 2023. Retrieved 23 November 2018.
  11. ^ "10 Oldest Stock Exchanges in the World". 10 September 2020. Archived from the original on 4 March 2021.
  12. ^ "Monthly Reports - World Federation of Exchanges". WFE. Archived from the original on 11 January 2023. Retrieved 21 May 2018.
  13. ^ "BSE may set another record, become an official tourist spot". The New Indian Express. Press Trust of India. 6 October 2017. Archived from the original on 4 November 2021. Retrieved 4 November 2021.
  14. ^ "The Profile of the Bombay Stock Exchange Limited".
  15. ^ "The History of Bombay Stock Exchange". 11 September 2014. Archived from the original on 30 October 2021 – via YouTube.
  16. ^ "The 1993 Mumbai Blasts: What Exactly Happened on March 12 That Year". News18. Archived from the original on 16 October 2017. Retrieved 16 October 2017.
  17. ^ "Bombay Stock Exchange (BSE) commits to promoting sustainability". UNCTAD. 28 September 2012. Archived from the original on 2 April 2015. Retrieved 29 April 2016.
  18. ^ "India INX". indiainx.com. Archived from the original on 18 October 2018. Retrieved 15 March 2018.
  19. ^ "India thehindubusinessline". Business Line. October 2018. Archived from the original on 27 July 2020. Retrieved 25 October 2018.
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Further reading

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  • Kochhar, S. (2015). BSE: Journey of an Aspiring Nation. Skoch Media. ISBN 978-8-1929-1725-2.
  • Ramkumar, R.R. and Selvam, M. (2014). Efficiency of BSE Sectoral Indices in India: A Study with Special Reference to Bombay Stock Exchange Ltd in India. Lap Lambert Academic Publishing GmbH KG. ISBN 978-3-6592-1130-0.{{cite book}}: CS1 maint: multiple names: authors list (link)
  • Kaur, H. (2002). Stock Market Volatility in India. Deep & Deep Publications. ISBN 978-8-1762-9361-7.
  • Basu, D. and Dalal, S. (1993). The Scam: Who Won, who Lost, who Got Away. UBS Publishers' Distributors. ISBN 978-8-1859-4410-4. LCCN 93902443.{{cite book}}: CS1 maint: multiple names: authors list (link)
  • Hiremath, G.S. (2013). Indian Stock Market: An Empirical Analysis of Informational Efficiency. Springer India. ISBN 978-8-1322-1590-5. LCCN 2013946889.
  • Cummings, L. (2014). Rethinking the BSE Crisis: A Study of Scientific Reasoning under Uncertainty. Springer Netherlands. ISBN 978-9-4017-8491-7.
  • Razdan, A. Scaling in the bombay stock exchange index. Pramana - J Phys 58, 537–544 (2002). doi:10.1007/s12043-002-0063-y
  • Goel, A., Tripathi, V. and Agarwal, M. (2021), "Market microstructure: a comparative study of Bombay stock exchange and national stock exchange", Journal of Advances in Management Research, Vol. 18 No. 3, pp. 414-442. doi:10.1108/JAMR-06-2020-0109
  • Krishnamurti, Chandrasekhar and Eleswarapu, Venkat R., Liquidity, Stock Returns and Ownership Structure - An Empirical Study of the Bombay Stock Exchange (March 31, 1994). IIM Bangalore Research Paper No. 65, Available at SSRN 2181543 or doi:10.2139/ssrn.2181543
  • Sumon Kumar Bhaumik. “Stock Index Futures in India: Does the Market Justify Its Use?” Economic and Political Weekly, vol. 32, no. 41, 1997, pp. 2608–11. JSTOR 4405950. Retrieved 13 Feb. 2024.
  • Ganeshaiah, K. N. “Has the Behaviour of the Stock Market Been Affected by the Scam? — A Statistical Analysis.” Current Science, vol. 63, no. 7, 1992, pp. 345–47. JSTOR 24095453. Retrieved 13 Feb. 2024.
  • Nair, S. (2021). Bulls, Bears and Other Beasts (5th Anniversary Edition): A Story of the Indian Stock Market. Pan Macmillan. ISBN 978-9-3907-4257-8.
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