BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange based in Mumbai. Established in 1875, it is the oldest stock exchange in Asia, and also the tenth oldest in the world. It is the 6th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024.
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👉 Bombay Stock Exchange in the context of Financial market
A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial markets as commodities.
The term "market" is sometimes used for what are more strictly exchanges, that is, organizations that facilitate the trade in financial securities, e.g., a stock exchange or commodity exchange. This may be a physical location (such as the New York Stock Exchange (NYSE), London Stock Exchange (LSE), Bombay Stock Exchange (BSE), or Johannesburg Stock Exchange (JSE Limited)), or an electronic system such as NASDAQ. Much trading of stocks takes place on an exchange; still, corporate actions (mergers, spinoffs) are outside an exchange, while any two companies or people, for whatever reason, may agree to sell the stock from the one to the other without using an exchange.
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Bombay Stock Exchange in the context of Kala Ghoda
Kala Ghoda (IPA:Kāḷā Ghōḍālit. 'Black Horse') is a crescent-shaped art district/neighborhood in Mumbai, India. It hosts several of the city's heritage buildings including museums, art galleries and educational institutions like the Chhatrapati Shivaji Maharaj Vastu Sangrahalaya, the Jehangir Art Gallery, the National Gallery of Modern Art, and The Arts Trust - Institute of Contemporary Indian Art.
The area hosts the Kala Ghoda Arts Festival annually in February. The area is sandwiched between Mumbai Port's docklands to the east, Regal Cinema to the south, Hutatma Chowk and Flora Fountain to the north and Oval Maidan to the west. The Bombay Stock Exchange is to its north east.