BSE AND NSE

T.VIGNESH PRABU
17MBA056
BOMBAY STOCK EXCHANGE(BSE)
 The Bombay Stock Exchange (BSE) is an Indian stock 
exchange located at Dalal Street, Mumbai (formerly Bombay).
 Established in 1875, the BSE (formerly known as Bombay 
Stock Exchange Ltd.) is Asia’s first stock exchange.
  It claims to be the world's fastest stock exchange, with a 
median trade speed of 6 microseconds. 
 The BSE is the world's 10th largest stock exchange with an 
overall market capitalization of more than $2.3 trillion on as 
of April 2018.
ABOUT BSE
 Founded: 9 july 1875
 Founder: Mr. Premchand Roychand
 Chairman: Mr. Shri S Ravi
 CEO: Mr.Ashishkumar Chauhan
 No. of listings: 5439
 Market cap: Rs.1,50,184.87 billion(2.1 trillion USD) 

(April 2018)
HISTORY
 The Bombay Stock Exchange is the oldest stock 
exchange in Asia.
  Its history dates back to 1855, when 22 

stockbrokers would gather under banyan trees in front 
of Mumbai's Town Hall. 
 The location of these meetings changed many times to 

accommodate an increasing number of brokers. 
 The group eventually moved to Dalal Street in 1874 

and became an official organization known as "The 
Native Share & Stock Brokers Association" in 1875.
RECOGNITION BY INDIAN
GOV.
 On August 31, 1957, the BSE became the first stock exchange to 
be recognized by the Indian Government under the Securities 
Contracts Regulation Act. 
 In 1980, the exchange moved to the Phiroze Jeejeebhoy 

Towers at Dalal Street, Fort area. 
 In 1986, it developed the S&P BSE SENSEX index, giving the 

BSE a means to measure the overall performance of the exchange. 
 In 2000, the BSE used this index to open its derivatives market, 

trading S&P BSE SENSEX futures contracts. 
 The development of S&P BSE SENSEX options along with equity 

derivatives followed in 2001 and 2002, expanding the BSE's 
trading platform.
DEVELOPMENTS
 The Bombay Stock Exchange switched to an electronic trading
system developed by CMC Ltd. in 1995.
 It took the exchange only 50 days to make this transition. This

automated, screen-based trading platform called BSE On-Line

Trading (BOLT) had a capacity of 8 million orders per day.
 The BSE has also introduced a centralized exchange-based internet

trading system, BSEWEBx.co.in to enable investors anywhere in the

world to trade on the BSE platform.
 Now BSE has raised capital by issuing shares and as on 3rd May

2017 the BSE share which is traded in NSE only closed with Rs.999 .
 The BSE is also a Partner Exchange of the United Nations

Sustainable Stock Exchange initiative, joining in September 2012.

 BSE established India INX on 30 December 2016. India INX is the

first international exchange of India.

INDICES IN BSE
 BSE SENSEX
 S&P BSE Smallcap
 S&P BSE Midcap
 S&P BSE Largecap
 BSE 500
NATIONAL STOCK EXCHANGE(NSE)
 National Stock Exchange has a total market 
capitalization of more than US$2.27 trillion, making 
it the world’s 11th-largest stock exchange as of April 
2018 and it is located in BKC, Mumbai. 
 NSE's flagship index, the NIFTY 50, the 50 stock index 

is used extensively by investors in India and around the 
world as a barometer of the Indian capital markets. 
 Nifty 50 index was launched in 1996 by the
ABOUT NSE
 Founded: 1992
 Chairman: Mr.Ashok Chawla
 CEO: Mr.Vikram Limaye
 No. Of listings: 1952
 Market cap: 2.27 trillion USD (April 2018)
HISTORY
 The exchange was incorporated in 1992 as a tax-paying company and 
was recognized as a stock exchange in 1993 under the Securities 
Contracts (Regulation) Act, 1956, when P. V. Narasimha Rao was the 
Prime Minister of India and Manmohan Singh was the Finance Minister.
  NSE commenced operations in the Wholesale Debt Market (WDM) 
segment in June 1994.
  The capital market (equities) segment of the NSE commenced operations 
in November 1994, while operations in the derivatives segment 
commenced in June 2000.
  NSE offers trading, clearing and settlement services in equity, equity 
derivatives, debt and currency derivatives segments. It was the first 
exchange in India to introduce electronic trading facility thus connecting 
together the investor base of the entire country. 
MARKETS
NSE offers trading and investment in the following segments.
 Equity

Equities
Indices
Mutual Funds
Exchange Traded Funds
Initial Public Offerings
Security Lending and Borrowing Scheme etc.
 Derivatives

Equity Derivatives
Currency Derivatives
Interest Rate Futures
 Debt

Corporate Bonds
TRADING SCHEDULE
 Trading on the equities segment takes place on all days of the 
week (except Saturdays and Sundays and holidays declared by 
the Exchange in advance). The market timings of the equities 
segment are:
 (1) Pre-open session

◦ Order entry & modification Open: 09:00 hrs
◦ Order entry & modification Close: 09:08 hrs
   with random closure in last one minute. Pre-open order 
 

matching starts immediately after close of pre-open order entry.
 (2) Regular trading session

◦ Normal/Retail Debt/Limited Physical Market Open: 09:15 hrs
◦ Normal/Retail Debt/Limited Physical Market Close: 15:30 hrs.
INDICES IN NSE
 NIFTY 50
 NIFTY NEXT 50
 NIFTY 500
THANK YOU