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Indian Market, Regulation & Taxation

Bombay Stock Exchange

Asia's oldest stock exchange, founded in 1875, whose benchmark index is the Sensex.

How it is identified Test: the security is admitted to trading on the BSE, which additionally assigns a numeric scrip code to each listed security
Unit qualitative

In depth

The BSE has far more listed companies than the NSE but a much smaller share of trading volume, which means many of its exclusive listings are thinly traded and hard to exit. It uses numeric scrip codes alongside symbols, a legacy that still appears in data feeds and confuses anyone matching records across exchanges. Its SME platform is a significant route for small companies to list, with lighter requirements and correspondingly higher risk. For an investor the practical point is to check which exchange has the liquidity in a given security before placing an order.

Worked example

A company listed only on the BSE trades 8,000 shares a day. The same order size that fills instantly in a dual-listed stock would take several sessions here, at prices the seller sets by their own urgency.

Illustrative figures, chosen so the arithmetic is easy to follow. Not a live price and not a valuation of any company.

Educational reference only

This entry explains what “Bombay Stock Exchange” means. It is not investment advice and not a recommendation to buy or sell any security. Any numbers above are illustrative, not live prices, and nothing here predicts price direction or rates a stock. Consider your own circumstances and consult a SEBI-registered investment adviser before acting.