| Of the 23 stock exchanges in the
India, Mumbai's (earlier known as Bombay), Bombay Stock Exchange is the
largest, with over 6,000 stocks listed. The BSE accounts for over two
thirds of the total trading volume in the country. Established in 1875,
the exchange is also the oldest in Asia. Among the twenty-two Stock
Exchanges recognised by the Government of India under the Securities
Contracts (Regulation) Act, 1956, it was the first one to be recognised
and it is the only one that had the privilege of getting permanent
recognition ab-initio. |
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