• Archives

  • October 2007
    M T W T F S S
        Nov »
  • Advertisements

The Bombay Stock Exchange

Bombay Stock Exchange Limited is Asia’s oldest stock exchange. It carries within itself the depth of knowledge of capital markets acquired since its inception in 1875. Located in Mumbai, the financial capital of India, it has been the backbone of the country’s capital markets.

As of Sep 2007, there are 4871 companies listed on BSE. There are 1100 Foreign Institutional Investors registered with BSE.

There are several indices that measure BSE.

Stocks traded on the Exchange have been classified into ‘A’, ‘B1’, ‘B2′,’T’, ‘S’, ‘TS’ ‘F’ ,’G’ and ‘Z’ groups.

The Exchange has for the guidance and benefit of the investors have classified the scrips in the Equity Segment into ‘A’, ‘B1’, ‘B2′,’T’, ‘S’, ‘TS’ and ‘Z’ groups on certain qualitative and quantitative parameters which include number of trades, value traded, etc.

The “F” Group represents the Fixed Income Securities.

The “T” Group represents scrips which are settled on a trade to trade basis as a surveillance measure.

The “S” Group represent scrips forming part of the “ BSE-Indonext” segment .

The “TS” Group consist of scrips in the “ BSE-Indonext” segment which are settled on a trade to trade basis as a surveillance measure.

Trading in Govt. Securities for retail investors is done under “G” group.

The ‘Z’ group was introduced by the Exchange in July 1999 and includes the companies which have failed to comply with the listing requirements of the Exchange and/or have failed to resolve investor complaints or have not made the required arrangements with both the Depositories, viz., Central Depository Services (I) Ltd. (CDSL) and National Securities Depository Ltd. (NSDL) for dematerialization of their securities.

The Exchange also provides a facility to the market participants for on-line trading of odd-lot securities in physical form in ‘A’, ‘B1’, ‘B2′ ‘T’,’S’, ‘TS’ and ‘Z’ groups and Rights renunciations in all the groups of scrips in the Equity Segment.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: