Bombay Stock Exchange (BS)

Published Aug 10, 2023

Definition of Bombay Stock Exchange (BSE)

The Bombay Stock Exchange (BSE) is the oldest stock exchange in Asia. It is located in Mumbai, India and is one of the largest stock exchanges in the world. It was founded in 1875 and is currently the 10th largest stock exchange in the world by market capitalization.

Example

The BSE is home to more than 5,500 listed companies, including some of India’s largest companies such as Reliance Industries, Tata Motors, and HDFC Bank. It also offers a wide range of products and services, including equity, derivatives, mutual funds, and bonds.

Why the Bombay Stock Exchange Matters

The Bombay Stock Exchange is an important part of the Indian economy. It provides a platform for companies to raise capital and investors to buy and sell shares. It also serves as a barometer of the Indian economy, providing valuable insights into the performance of the country’s businesses. In addition, the BSE is an important source of employment for thousands of people in India.