Indexes and Exchages
Bombay Stock Exchange (BSE)
The Bombay Stock Exchange, popularly called BSE, is Asia's first and oldest stock exchange. Located
at Dalal Street in Mumbai, the BSE was formally established in 1875 by an influential stockbroker and businessman
called Premchand Roychand. In the initial days, the BSE had its meetings under several Banyan trees in Mumbai before
finding a permanent place, which is very appropriately named Dalal Street or Broker Street. After functioning as
a floor trading exchange for more than a century, BSE ascended the digital ladder in 1995 by implementing a new screen-based
automated trading platform with a capacity of 8 million orders in a day. In 2012, the BSE went global by becoming
a Partner Exchange of the United Nations Sustainable Stock Exchange. Subsequently, BSE established India's first
international exchange, called INX, in 2016.
National Stock Exchange (NSE)
NSE was set up in 1992 by a group of leading Indian financial institutions, following the Indian
Government's directives. It aimed to bring transparency to the Indian capital market. It was India's first demutualized
electronic exchange which operated on a completely automated screen-based electronic trading system, offering an
easy trading facility to all Indian investors. NSE began its operations in the Wholesale Debt Market segment in 1994.
NSE was the first company in India to offer a digital platform that connected the investor base of the entire country.
NSE offers services in various segments, such as trading, equity derivatives, clearing and settlement services in
equity, debt and currency derivatives, etc.