The Bombay Stock Exchange (BSE) is the oldest stock exchange in Asia and one of the largest in the world. It plays a crucial role in the Indian capital market, facilitating the trading of stocks, bonds, derivatives, and other financial instruments.
The Journey of BSE
Established in 1875 as the Native Share and Stock Brokers’ Association, BSE was formally recognized as a stock exchange in 1957. Over the years, it has grown in stature and technological advancements, becoming a significant player in the Indian financial system.
Functions of BSE
BSE serves as a platform for companies to raise capital through the issuance of stocks and bonds. It provides a transparent and regulated environment for trading and ensures fair practices in the market. BSE also offers various indices, including the BSE Sensex, to gauge the overall market sentiment and performance.
Trading at BSE
BSE operates on a fully automated screen-based trading system called BOLT (BSE OnLine Trading). It facilitates quick and efficient order matching, ensuring seamless trading for investors. The exchange operates from Monday to Friday, with pre-opening, trading, and post-closing sessions.
Regulatory Compliance
BSE adheres to the guidelines and regulations set by the Securities and Exchange Board of India (SEBI). It ensures compliance with the necessary norms to safeguard the interests of investors and maintain market integrity.
Significance of BSE
BSE plays a pivotal role in the growth and development of the Indian economy. It provides a platform for companies to raise capital, fosters a transparent and efficient market, and allows investors to participate in the country’s economic growth.
Conclusion
The Bombay Stock Exchange (BSE) holds a prestigious position in India’s financial landscape. As an investor or trader, understanding BSE’s functions and significance can be instrumental in making informed decisions in the capital market.
By Astrobulls Research Pvt Ltd.