What is the Bombay Stock Exchange in Hindi: In today’s article we will talk about Bombay Stock Exchange, the oldest stock exchange in India. The role of BSE is important in the Indian stock market. BSE is a stock market where the economic details of big markets across the country are reported.
In today’s article we will know that What is BSE, Bombay Stock Exchange in Hindi, When was BSE established and what is BSE Sensex. If you are also interested in the stock market, then you must read this article, it will also increase your knowledge of the stock market.
So let’s start today’s article without wasting any time – What is Bombay Stock Exchange in Hindi?
What is BSE
BSE is the oldest stock exchange not only in India but also in Asia. Which has more than 140 years of experience in stock exchange. It is the 10th largest stock exchange in the world. There are more than 5500 companies registered in BSE.
BSE has a significant contribution in giving India’s international financial market a worthy place in the markets around the world. BSE has also played an important role in the Indian capital markets.
BSE Benchmark Index Sensex (Sensex) Is. Within the Sensex, 30 companies registered in the BSE are kept, and on the basis of their performance, the performance of BSE is determined.
Full name of BSE (BSE Full Form in Hindi)
The full name of BSE is Bombay Stock Exchange of India Limited which in Hindi is Bombay Stock Exchange of India Limited.
About Bombay Stock Exchange (BSE)
|Full name of BSE||Bombay Stock Exchange|
|place||Dalal Street Mumbai, Maharashtra|
|establishment year||in 1875|
|current chairman||Vikramjit Sen|
|Posture||Indian Rupee (INR)|
History Of BSE
BSC was established in 1875 in Mumbai, the financial capital of India. In Mumbai, some people gathered under a banyan tree and used to buy and sell shares. Gradually the number of people started increasing, then a new place was discovered for the exchange of shares, which later became famous as Dalal Street. Today there is a tower of BSE in this Dalal Street.
BSE was founded by Premchand Roychand ji along with 300 people. Initially the name of BSE was The Native Stock Broker Association, which was later changed to Bombay Stock Exchange.
Before 1992, the exchange of shares was done through documents, which took a lot of time to exchange shares as it took about 5-6 months for the documents to reach the investors. And scams also started increasing in the stock market.
Seeing the increasing scam in the stock markets, the Government of India in 1992 SEBI Established an institution called, whose purpose was to control the stock market and protect the interests of investors.
SEBI has Share Market The rules for this were made on the lines of the US markets, in which all the accounts of share transactions were to be kept in the computer. But BSE refused to follow the rules of SEBI, so the government in 1992 NSE (National Stock Exchange) created the second stock exchange.
In view of the increasing attraction of investors towards computerized stock exchange, BSE got itself listed in SEBI in 1995. And BSE also became a computerized stock exchange. Since then, BSE works only under the rules of SEBI.
What is Sensex
Sensex is the benchmark index of BSE. BSE Sensex was started in 1986. Top 30 companies listed in BSE are included in Sensex.
If 30 companies included in Sensex performed well i.e. Sensex jumped, then it means that the share price of companies listed in BSE has increased and BSE investors have benefited.
If there is a decline in the performance of 30 companies included in the Sensex, then it means that the share price of the companies listed in BSE has decreased.
The full name of BSE is Bombay Stock Exchange.
BSE was established in 1874 in Mumbai.
BSE was founded by Premchand Roychand along with 300 people.
The index of BSE is Sensex, in which 30 companies listed in BSE are included.
At present there are more than 5500 companies listed in BSE.
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Last words: What is BSE in Hindi
The role of BSE in the Indian stock market is very important, because the stock exchange in India was started from BSE itself and BSE has played an important role in giving India’s international financial market a worldwide recognition.
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