Stock exchanges are seen as one of the economic barometers of a country. Indian stock exchanges are continuously innovating and applying new techologies as well as removing opaqueness in the market. BSE stands out in India from other exchanges in lots of ways. Let’s have a quick look to BSE FAQ.
Currently there are 6 active stock exchanges in India, viz.
- BSE Ltd.
- Calcutta Stock Exchange Ltd.
- India International Exchange (India INX)
- Metropolitan Stock Exchange of India Ltd.
- National Stock Exchange of India Ltd.
- NSE IFSC Ltd.
What is BSE?
BSE Ltd (formerly Bombay Stock Exchange Ltd.), is one of the leading stock exchanges in India.
When was BSE established?
BSE was established in 1975 in Mumbai (formerly Bombay). Read more in BSE history.
Is it true that BSE is the oldest stock exchange in Asia?
Yes, BSE was established much before freedom fights against East India Company geared up. It is the oldest stock exchange in Asia, established by a small group of investors and brokers in 1875.
Is it true that BSE is the fastest exchange in the world?
Yes, BSE stock exchange has the speed of 6 microseconds making it the fastest stock exchange in the world.
What is the index of BSE?
BSE index is called S&P SENSEX.
How many companies are there in BSE index?
There are usually 30 companies listed in BSE S&P SENSEX. However, currently, 31 companies are there (two of Tata Motors). Below is the list.
|1||Adani Ports & SEZ|
|7||Dr. Reddy’s Laboratories|
|11||Housing Development Finance Corporation|
|16||Kotak Mahindra Bank|
|17||Larsen & Toubro|
|18||Mahindra & Mahindra|
|21||Oil and Natural Gas Corporation|
|22||Power Grid Corporation of India|
|24||State Bank of India|
|26||Tata Consultancy Services|
|28||Tata Motors DVR|
What is BSE trading platform?
BSE trading platform is called BSE On-Line Trading (BOLT). It is developed by CMC Ltd.
Do I have to pay any fee to BSE for trading?
Yes, you need to pay a fee to exchange called transaction/turnover charge. For BSE this charge is Rs 1.50 each on buy and sell trade for all segments (intraday, delivery, futures, options). There are several other charges that you need to pay in stock market. Read different charges in stock market.
What is the name of BSE clearing corporation?
Indian Clearing Corporation Limited (ICCL) was promoted by BSE and is 100% owned subsidiary company of BSE.
Who regulates BSE?
Securities and Exchange Board of India (SEBI) regulates all the financial intermediaries and entities of Indian financial market. BSE is also an entity of Indian financial market. Thus SEBI regulates BSE as well.
Is BSE a government organization?
No, BSE is a privately run organization. It is regulated by a government organization (SEBI) though.
Can I trade on international scrips on BSE?
No, on BSE, only national scrips are listed thus you can trade only on those scrips. If you are interested to trade on International scrips, BSE has introduced India INX an exchange to trade international scrips.
What is BSE timing?
BSE opens at 09:15 and closes at 15:30. There is a 15 minutes pre-market session from 09:00 to 09:15. Read more on pre-market session.
Is BSE opened today?
BSE is closed on weekends (Saturday and Sunday). It is also closed on BSE announced holidays for the current calendar year.
See Stock Market Holiday for year 2020