Bombay Stock Exchange – Origins
Bombay Stock Exchange, originally named as “The Native Share & Stock Brokers’ Association”, was established in 1875. This makes BSE the oldest stock exchange in the Asian economic region. It is also the biggest South Asian stock exchange in terms of market capitalization (NSE is the second largest!), and the 11th largest on a global level (August 2009). When the government passed the Securities Contracts (Regulation) Act in 1956, the BSE was the first stock exchange in India to be recognized under the Act. Originally mooted as an AOP (Association of Persons), BSE was demutualised and corporatized...


