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Documente Profesional
Documente Cultură
Introduction
History
Features of BSE
Growth of BSE
Graphs
Conclusion
INTRODUCTION
BSE was Established in 1875, (formerly known as Bombay
Stock Exchange Ltd.), is Asia's first & the Fastest Stock
Exchange in world with the speed of 6 micro seconds and one
of India's leading exchange groups. Popularly known as BSE,
the bourse was established as "The Native Share & Stock
Brokers' Association" in 1875. BSE is also the 1st listed stock
exchange of India. The key person of the BSE are Premchand
Roychand (Founder), Shri Sethuram Ravi (Chairman),
Ashishkumar Chauhan (MD and CEO)
HISTORY
History Of Bombay Stock Exchange :-
The history of BSE can be traced back to 1850s when a group of five stock
brokers used to conduct meetings under the banyan tree in front of Mumbai
Town Hall. As the number of the brokers increased, they started changing
the venue of the meeting constantly. Almost two decades later, this small
group moved to the Dalal Street in 1874, and later, in the following year, it
was recognized as an official organization by the name 'The Native Share &
Stock Brokers Association'. As per the Securities Contracts Regulation Act,
BSE became the first stock exchange to be recognized by the Government of
India in 1956. BSE Sensex was developed in 1986 which was considered a
tool to measure the overall performance of the Bombay Stock Exchange.
Using this index, various equity derivative markets were open and many
future trading contracts were made in 2000 which further led to expansion
of its trading platform. BSE switched to electronic trading system in 1995
and took only fifty days for this transition. 'BOLT' or the 'BSE On Line Trading'
which is screen based and currently has a capacity of 8 million orders per
day. Also, BSE is the first stock exchange in the world to introduce
centralized internet trading system
FEATURES OF BOMBAY STOCK EXCHANGE
Features of the pre open session
All executable orders for a particular stock will match at one
market opening price
Orders are collected in the order entry period & execution
occurs in the order matching period
Duration of Pre-open session - 15 minutes from 9:00am –
9:15am
Limit orders will get priority over market orders at the time of
execution of trades.
All orders shall be disclosed in full quantity,
Unexecuted, eligible orders will be moved to the continuous
session
In the event of no trades in the pre-open session, the orders
entered in the pre-open session will be moved to the
continuous trading session on time priority basis.The price of
the first trade during the continuous trading session will be
taken as the opening price.
Indicative opening price & matchable quantity for each stock
and indicative S&P BSE SENSEX will be disseminated at regular
intervals of order entry period.
At the end of the matching period, the system will compute &
disseminate the opening values for all stocks, S&P BSE
SENSEX and other indices.
Uniform price band of 20% will be applicable to all eligible
stocks during the pre-open session.
GROWTH OF BOMBAY STOCK EXCHANGE
The S&P BSE SENSEX (S&P Bombay Stock Exchange Sensitive Index), also
called the BSE 30 or simply the SENSEX, is a free-float market-weighted
stock market index of 30 well-established and financially sound companies
listed on Bombay Stock Exchange. The 30 component companies which are
some of the largest and most actively traded stocks, are representative of
various industrial sectors of the Indian economy. Published since 1 January
1986, the S&P BSE SENSEX is regarded as the pulse of the domestic stock
markets in India. The base value of the S&P BSE SENSEX is taken as 100
on 1 April 1979 and its base year as 1978–79. On 25 July 2001 BSE
launched DOLLEX-30, a dollar-linked version of S&P BSE SENSEX.
26,000, 7 July 2014- The SENSEX crossed record 26,000 level for
the first time on 7 July 2014 and reached its peak of 26,123.55,
before closing slightly lower at 26,100.08, in anticipation of strong
reformatory budget by the new government.
26 April 2017 - The SENSEX closed at 30,133.35, for its first close
above the 30,000 level.