Bombay Stock Exchange

Bombay Stock Exchange - Overview

The Bombay Stock Exchange (BSE) is the largest and oldest stock exchange in Asia.  The BSE was originally formed in 1875 and was the first exchange to receive approval from the Indian government under the Securities Contracts (Regulation) Act of 1956.  There are currently close to 5,000 stocks which trade on the Bombay Stock Exchange.  The BSE is tracked with the BSE Sensex, an index of 30 large cap stocks.  The BSE is the first exchange in India to list derivatives, such as futures, options, etc.  Trading on the BSE takes place between 9:30 and 15:30 Bombay Standard Time.

Bombay Stock Exchange 2008 Trading Holidays

• March 6, 2008 - Mahashivratri
• March 20, 2008 - Id-E-Milad
• March 21, 2008 - Good Friday
• April 14, 2008 - Ambedkar Jayanti
• April 18, 2008 - Mahavir Jayanti
• May 1, 2008 - Maharashtra Day
• May 19, 2008 - Buddha Purnima
• August 15, 2008 - Independence Day
• September 3, 2008 - Ganesh Chathurthi
• October 2, 2008 - Ramzan Id / Gandhi Jayanti
• October 9, 2008 - Dasera
• October 28, 2008 - Diwali (Laxmi Pujan)
• October 30, 2008 - Diwali (Bhaubeez)
• November 13, 2008 - Gurunanak Jayanti
• December 9, 2008 - Bakri-Id
• December 25, 2008 - Christmas Day

Recent Bombay Stock Exchange Events

• April 10, 2004 first margin trade transaction
• August 28, 2007 BSE buys 5% stake in Calcutta Stock Exchange
• October 29, 2007 BSE crossess 20,000 mark
• January 21, 2008 BSE Sensex declined 1408.35 or 7.41% to 17.605.35, its biggest single-day point fall on a closing basis

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