what is the bombay stock exchange bse 
the bombay stock exchange bse is the first and largest securities market in india and was established in 1875 as the native share and stock brokers association 1 based in mumbai india the bse lists over 5 300 companies and is one of the largest exchanges in the world along with the new york stock exchange nyse nasdaq london stock exchange group japan exchange group and shanghai stock exchange 2trading on the bombay stock exchange bse in 1995 the bse switched from an open floor to an electronic trading system 3 in 2024 electronic trading systems dominate the financial industry overall offering fewer errors faster execution and better efficiency than traditional open outcry trading systems securities that the bse lists include stocks stock futures stock options index futures index options and weekly options the bse has helped develop india s capital markets and provides clearing settlement and risk management the bse s overall performance is measured by the sensex a benchmark index of 30 of the bse s largest and most actively traded stocks covering a broad range of sectors debuting in 1986 the sensex is india s oldest stock index also called the bse 30 the index broadly represents the composition of india s entire market 45on jan 22 2024 india s stock market capitalization surpassed hong kong s for the first time making india the fourth largest equity market globally according to data compiled by bloomberg the combined value of shares reached 4 33 trillion on the exchanges in india beating the 4 29 trillion in hong kong 6