5 things we must know about Bombay Stock Exchange

Bombay Stock Exchange
BSE
Mumbai

Founded 1875
Owner BSE Limited
CEO Ashishkumar Chauhan (MD & CEO)
Currency Indian rupee(INR)
No. of listings 5,749
Market cap US$ 1.7 trillion (23 Jan 2015)
  • The Bombay Stock Exchange is the oldest exchange in Asia.
  • It traces its history to 1855, when four Gujarati & one Parsi stockbroker would gather under banyan trees in front of Mumbai's Town Hall. 
  • The location of these meetings changed many times as the number of brokers constantly increased. The group eventually moved to Dalal Street in 1874 and in 1875 .
  • On 31 August 1957, the BSE became the first stock exchange to be recognized by the Indian Government under the Securities Contracts Regulation Act. 
  • In March 1993 (Bombay bombings) a powerful car bomb exploded in the basement of the Bombay Stock Exchange building. The 28-story office building was severely damaged, nearby office buildings also suffered some damage.