The Bombay Stock Exchange (BSE) is the first and biggest stock market exchange in India and was started in the year 1875 as the Native Share and Stock Brokers' Association.
Situated in Mumbai, India, the Bombay Stock Exchange has around 6,000 companies listed on its exchange and is one of the stock exchanges in the world, alongside The NASDAQ, The New York Stock Exchange, The London Stock Exchange Group, The Japan Exchange Group, and The Shanghai Stock Exchange.
The Bombay Stock Exchange has assisted in developing the capital markets of the nation, that include the retail debt market, and aided in order to develop the Indian corporate sector.
In the year 1995, the Bombay Stock Exchange changed from an open-floor to an electronic trading system.
There are in excess of 12 electronic exchanges in the United States of America alone with the New York Stock Exchange (NYSE) and NASDAQ being the most broadly recognized.
In the present day situations, electronic frameworks have dominated the financial sector overall, offering less mistakes, quicker execution, and improved efficiency than conventional open-outcry trading frameworks.
Securities listed by the Bombay Stock Exchange include stocks, stock futures as well as stock options, index futures as well as index options, and also weekly options.
The Bombay Stock Exchange's general performance is gauged by the Sensex, which is an index of 30 of the Bombay Stock Exchange's biggest stocks and end up covering a total of 12 industries.