The Bombay Stock Exchange (BSE)
The Bombay Stock Exchange (BSE) is one of the oldest and largest stock exchanges in India, located in Mumbai (formerly Bombay). It was established in 1875 and is now the 10th largest stock exchange in the world by market capitalization. The BSE facilitates trading in stocks, derivatives, mutual funds, and other financial instruments. It plays a crucial role in the Indian economy by providing a platform for companies to raise capital and for investors to buy and sell securities. The Sensex, India’s benchmark stock index, is based on the performance of the top 30 companies listed on the BSE.
One big reason why people love Mumbai is because it’s a city where you can find jobs and make a living. The Bombay Stock Exchange (BSE) is a big part of this. It’s like a hub where people buy and sell stocks and shares. This isn’t just about numbers; it’s about creating wealth and financial success.
