Stock
Exchange
1. History of Stock Exhange:
History of NSE:
Here's a brief history of the National
Stock Exchange (NSE) of India:
*Early Years (1990s)*
1. 1991: Government of India
introduces economic liberalization
policies.
2. 1992: National Stock Exchange
(NSE) conceptualized by Government,
IDBI, and UTI.
3. 1993: NSE incorporated as a tax-
paying company.
*Key Milestones*
1. 1994: NSE gets recognition as a
stock exchange from SEBI.
2. 1995: Trading commences on
November 27.
3. 1996: NSE introduces electronic
trading platform (NEAT).
4. 2000: NSE launches derivatives
trading (futures and options).
5. 2002: NSE introduces online trading.
*Growth and Expansion*
1. 2005: NSE launches currency
derivatives.
2. 2007: NSE introduces interest rate
futures.
3. 2010: NSE launches SME exchange
platform.
4. 2012: NSE launches EMERGE
platform for SMEs.
*Reforms and Initiatives*
1. 2015: NSE launches mobile trading
app.
2. 2016: NSE introduces trading in
commodity derivatives.
3. 2017: NSE launches NSE Academy
for financial education.
4. 2018: NSE launches platform for
listing of startups.
*Today*
1. Largest stock exchange in India by
market capitalization.
2. Third-largest stock exchange in the
world by number of trades.
3. Over 2,000 listed companies.
4. Average daily trading volume:
₹50,000 crores.
*Leadership*
1. Founding Managing Director: R. H.
Patil (1993-2000)
2. Current Managing Director and CEO:
Ashishkumar Chauhan
*Awards and Recognition*
1. 'Best Stock Exchange in India' by
Asia Money (2019)
2. 'Exchange of the Year' by Financial
Times (2018)
3. 'Best Derivatives Exchange in India'
by Global Finance (2017)
History of BSE:
Here's a brief history of the Bombay Stock
Exchange (BSE), one of the oldest and
largest stock exchanges in India:
*Early Years (1840s-1900s)*
1. 1830s: Informal trading begins in
Bombay (now Mumbai).
2. 1850: First organized stock exchange,
"The Native Share and Stock Brokers
Association," formed.
3. 1874: "The Bombay Stock Exchange"
officially established.
4. 1887: BSE moves to its first dedicated
building.
*Growth and Expansion (1900s-1980s)*
1. 1900s: BSE introduces trading in cotton,
textiles, and other commodities.
2. 1921: BSE shifts to its iconic Phiroze
Jeejeebhoy Towers building.
3. 1956: BSE gets permanent recognition
from Government of India.
4. 1970s: Electronic trading introduced.
5. 1980s: BSE launches index-based
trading (Sensex).
*Reforms and Modernization (1990s-
2000s)*
1. 1992: SEBI established to regulate
Indian securities market.
2. 1995: BSE introduces online trading
(BOLT).
3. 2000: BSE launches derivatives trading
(futures and options).
4. 2005: BSE introduces currency
derivatives.
*Recent Developments (2010s-present)*
1. 2010: BSE launches SME exchange
platform.
2. 2012: BSE introduces mobile trading
app.
3. 2016: BSE launches commodity
derivatives trading.
4. 2017: BSE celebrates 140 years of
operations.
5. 2018: BSE launches startup platform.
*Today*
1. Oldest stock exchange in India.
2. Sixth-largest stock exchange in the
world by number of trades.
3. Over 5,000 listed companies.
4. Average daily trading volume: ₹40,000
crores.
*Leadership*
1. Founding President: Premchand
Roychand (1845-1906)
2. Current Managing Director and CEO:
Ashishkumar Chauhan
*Awards and Recognition*
1. 'Best Stock Exchange in India' by Asia
Money (2018)
2. 'Exchange of the Year' by Financial
Times (2017)
3. 'Best Derivatives Exchange in India' by
Global Finance (2016)
2. List of Holidays:
Here are the holidays for the Bombay
Stock Exchange (BSE) in 2024:
*BSE Trading Holidays*
- Republic Day: January 26, 2024 (Friday)
- Mahashivratri: March 8, 2024 (Friday)
- Holi: March 25, 2024 (Monday)
- Good Friday: March 29, 2024 (Friday)
- Id-Ul-Fitr (Ramzan Id): April 11, 2024
(Thursday)
- Ram Navami: April 17, 2024
(Wednesday)
- Maharashtra Day: May 1, 2024
(Wednesday)
- General Elections (Lok Sabha): May 20,
2024 (Monday)
- Bakri Id: June 17, 2024 (Monday)
- Muharram: July 17, 2024 (Wednesday)
- Independence Day: August 15, 2024
(Thursday)
- Mahatma Gandhi Jayanti: October 2,
2024 (Wednesday)
- Diwali Laxmi Pujan: November 1, 2024
(Friday)
- Guru Nanak Jayanti: November 15, 2024
(Friday)
- Christmas: December 25, 2024
(Wednesday)
*Additional Holidays for Currency
Derivatives Segments*
- Chatrapati Shivaji Maharaj Jayanti:
February 19, 2024 (Monday)
- Annual Bank Closing: April 1, 2024
(Monday)
- Gudhipadwa: April 9, 2024 (Tuesday)
- Buddha Purnima: May 23, 2024
(Thursday)
- Id-E-Milad: September 16, 2024
(Monday)
*Additional Holidays for Commodity
Derivatives Segment*
- New Year Day: January 1, 2024 (Monday)
(morning session open, evening session
closed)
