Stock Markets of India
Stock markets are present all over the world where people buy and sell stocks everyday and do trading.Stock markets date back to the 1600s
when the Amsterdam stock market was established.It was the first stock market of the world.
In India,we have many stock markets all over the nation.However,the most significant ones are at Mumbai(earlier called Bombay)-
I)The Bombay Stock Exchange (BSE)
II)The National Stock Exchange (NSE)
I)BSE:
The Bombay Stock Exchange is the oldest stock market not only in India but also in Asia.It was started back in 1875.The index of this market is called Sensex.It has around 5000 companies listed in it and the top 30 companies are considered in its index.It is located in Phiroze Jeejeebhoy Towers,Dalal Street,Bombay.It has a market capitalisation of ₹2.8 trillion rupees as on February,2021.Yesteryear,while the entire nation was in turmoil,it was the BSE which reached astronomical heights touching 50,000 sensex points.
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BSE
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II)NSE:
In the National Stock Exchange the highest no. of trades are carried out every day.The National Stock Exchange was started back in 1992 with the vision to be a leader and establish global presence and facilitate the financial well-being of people.The index of this market is called Nifty 50.It has around 2000 companies listed in it and the top 50 companies are considered in its index.The market capitalisation of NSE stands at 2.27 trillion as on April,2018.This stock exchange is located in Bandra-Kurla Complex,Mumbai. Headquarters of NSE;Bandra-Kurla Complex
Image Courtesy:The Statesman
NSE
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Disclaimer:We are not certified financial experts but the claims made in the blog are totally true.We will not be responsible for any kind of financial problems based on reading this blog.Investment in securities(stocks)market are subject to market risks, read all the related documents carefully before investing.
This is the second part of the Finance series.
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