Sponsored Links :
Bombay Stock Market India
There are 23 stock exchanges in India and the Bombay Stock Exchange is the largest of them. There are over 6,000 stocks listed on the Bombay Stock Exchange which located in Mumbai (formerly known as Bombay), the commercial and financial capital of India. |
|
The Bombay Stock Exchange is the oldest exchange in Asia and it was established in 1875 when it was known as The Native Share and Stock Brokers Association. It was the first stock exchange in the country to be recognized by the government and in 1956 the Bombay Stock Exchange obtained a permanent recognition by the government under the Securities Contracts (Regulation) Act, 1956.
Bombay Stock Exchange plays an important role in the development of India’s capital market. This has always been the case. Bombay Stock Exchange is a demutualized and corporatized entity incorporated under the Companies Act, 1956.
Bombay Stock Exchange hopes to emerge as the leader in Indian stock market by establishing global benchmarks. The exchange is managed by a Board of Directors and it has made it very clear that it is shaped to benefit from market intermediaries participation. The Board of Directors has complete control over the Bombay Stock Exchange and they are responsible for policy issues pertaining to the exchange.
The Bombay Stock Exchange is designed in such a way that the market integrity is safeguarded and there is transparency in its operations. It physically reaches 417 cities and towns across India and provides an efficient platform for trading in equity, debt instruments and derivatives. It also has an online trading system.
More Articles :
|
