BSE Turns 14, Arun jaitley Releases Commemorative Postal Stamp

 News World India | New Delhi |  July 9, 2016 1:25 pm

BSE Turns 14, Arun jaitley Releases Commemorative Postal StampBSE Turns 14, Arun jaitley Releases Commemorative Postal Stamp The Bombay Stock Exchange on Saturday turned 140-year-old, to mark the occasion, Finance Minister Arun Jaitley released a commemorative Postal Stamp in New Delhi on Saturday.

The Bombay Stock Exchange on Saturday turned 140-year-old, to mark the occasion, Finance Minister Arun Jaitley released a commemorative Postal Stamp in New Delhi on Saturday.

Located at Dalal Street, Kala Ghoda, Mumbai, the BSE ranks as the world’s 10th largest stock market by market capitalization (at a little over Rs 100 trillion) and lists 5,700 companies.

Its history dates back to 1855, when five stockbrokers would gather under banyan trees in front of Mumbai’s Town Hall.

On August 31, 1957, the BSE became the first stock exchange to be recognized by the Indian Government under the Securities Contracts Regulation Act.