Bombay Stock Exchange, previously known as the Stock Exchange, Mumbai, is one of the oldest and largest stock exchanges in Asia. Not only this, Bombay Stock Exchange is the largest stock exchange in terms of the number of companies listed with it.
Located at Dalal Street, Mumbai, India, Bombay Stock Exchange has over 4700 listed companies and is now considered as the 12th largest Stock Exchange in the world.
Bombay Stock Exchange without any doubt has a significant trading volume. The market index used in India and Asia is the ‘BSE 30’ or BSE Index. In other words, it is the Bombay Stock Exchange Sensitive Index. And although many stock exchanges are operating in India, the Bombay Stock Exchange along with the National Stock Exchange of India account for the most number of share trading volume in India.
In all, the BSE Index was developed in 1986 and since then, trading of securities, market derivaties and futures contracts have reached to new heights. And as of now, the Bombvay Stock Exchange is an electronic trading platform which entertains a number of investors on daily basis.
There are various advantages in a share market transaction being done through online system. For doing this online trading one has to have a demat account. Demat refers to dematerialization of the trading account.