Bombay Stock Exchange is known to be the oldest stock exchange in the entire Asian region. If someone wants to know about the history of the India share market, it becomes synonymous with the history of the Bombay Stock Exchange. It started functioning in 1875 with the name 'The Native Share and Stock Broker's Association'. Under the Securities Contracts (Regulation) Act, 1956, the association got its recognition as a stock exchange in 1956. When it started, it was just an association of persons but with the recognition it got transferred to a corporate and demutualised entity.
As of today, Bombay Stock Exchange happens to be the number 1 exchange globally in terms of the number of listed companies and ranks 5th in terms of the transactions worldwide. An investor has the option of choosing from more than 4,700 listed companies – which are segmented into A, B, S, T and Z groups for easy reference.
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