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Bombay Stock Exchange is one of the oldest stock exchanges in Asia was established in the year 1875 in the name of "The Native Share & Stock Brokers Association".
Bombay Stock Exchange is located at Dalal Street, Mumbai, India. Government of India recognized it under Securities Contracts (Regulation) Act, 1956. BSE provides the corporate sector an efficient access to resources. BSE is the world's number 1 exchange in terms of the number of listed companies and the world's 5th in transaction numbers. The market capitalization as on December 31, 2007 stood at USD 1.79 trillion. More than 4,700 companies are listed in BSE which are classified into A, B, S, T and Z groups.
SENSEX is the index to measure trading in BSE and is recognized through out the world.
The first Exchange Traded Fund (ETF) on SENSEX ("SPIcE") is listed on BSE which brings forth the investors a trading tool that made investment, trading, hedging and arbitrage easier. BSE provides an efficient and transparent market for trading in equity, debt instruments and derivatives.
The total turnover from BSE transcation in June 2006 was 72013.36 crores.