Bombay Stock Exchange
Bombay Stock Exchange (BSE) was founded in 1875 and is the oldest stock exchange in Asia. As of December 31, 2010, the market capitalization of the companies listed on the BSE was more than US$1.6 trillion, making it the 4th largest stock exchange in Asia after Tokyo Stock Exchange, Shanghai Stock Exchange and Hong Kong Stock Exchange. Today, BSE is the world's number 1 exchange in the world in terms of the number of listed companies (over 4900).
The BSE trades equity (cash and derivatives), debt (corporate and government securities), and runs 22 different indices. The BSE Index, SENSEX, is India's first and most popular Stock Market benchmark index. In 1986, BSE came out with a Stock Index SENSEX that subsequently became the barometer of the Indian stock market. SENSEX is significantly correlated with the stock indices of other emerging markets. Exchange traded funds (ETF) on SENSEX, are listed on BSE and in Hong Kong. Futures and options on the index are also traded at BSE. Bombay Stock Exchange is located on Dalal Street, Mumbai.
In October 2010, BSE introduced the 15-minute special pre-open trading session, a mechanism under which investors can bid for stocks before the market opens. The mechanism, known as 'pre-open session call auction', lasted for 15 minutes (from 9:00-9:15 am).
(all days except Saturday, Sundays and holidays)
List of Holidays - 2011
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