About The Bombay Stock Exchange

Bombay Stock Exchange is the oldest exchange in Asia action. traces of BSE in 1850. During this period, four and a Gujarati Parsi stockbroker gathered under the banyan tree in front of City Hall in Mumbai. Dalal Street, the group moved in 1874, this organization became known as "The Native Share and Stock Brokers Association.

The scene of the BSE has changed since 1875 when around 300 people became members by paying Re.1 of the BSE. In the year 1956 this organization established the name Bombay Stock Exchange, and it became the first to be recognized by the Indian Government under the Securities Contracts Regulation Act. It developed the BSE Sensex in the year 1986. This gave BSE the means to measure overall performance.

BSE became an electronic trading system in 1995. In the 21st century the development of Sensex lead to expanding BSE’s trading platform. These were an automated, screen-based trading platform called Bombay Stock Exchange on-line trading or simply BOLT. The BSE had introduced the very first centralized exchange-based internet trading system.

BSE is one of the stock exchange which has the largest number of companies listed in the world. In February 2010, the market capital value of the companies listed on the BSE was around US $ 1.28 trillion. This made BSE the fourth largest stock exchange in Asia and the eleventh largest in the whole world.

BSE has a significant trading volume with over four thousand nine hundred companies listed. The BSE SENSEX is also known as the BSE 30. It is the most widely used market index in India and also in Asia. The National Stock Exchange of India accounts for most of the trading in shares in the country.

The 20th century has not been so good for the BSE. The decades before this, had no scale that could measure the ups and downs in the stock market. In the year 1986 Stock Index-SENSEX was introduced. This Index was considered as the barometer of the Indian stock market.

Bombay Stock Exchange has been awarded the Golden Peacock Global CSR Award in Corporate Social Responsibility. Out of many companies under the BSE, Reliance Money is amongst the largest broking house of financial products. This company has more than 3% of total stock market volume of BSE and NSE. Out of many other companies, Reliance Money has over 20 lakh customers, with over 10,000 branches in more than 5000 cities.

The latest technologies have made investments in the union of SA-file line at many companies. Web sites that allow customers to commit to investing and managing most of their services such as equity trading, trade in goods, investments, mutual funds, life insurance, money transfer and exchange.

To Know more aboutReliance Money one of the leading financial organization in India, Check the Reliance Money website for the latest information.