Bombay Stock Exchange Ltd. was established in 1875 and it is oldest one in Asia. It is a voluntary non – profit making Association of Persons (AOP).
It is the 1st Stock Exchange in the Country which has obtained permanent recognition in 1956 from the Govt. of India under the Securities Contracts (Regulation) Act, 1956.
It provides a market for trading in securities, debt and derivatives. It also resolves investor‟s grievances whether against the companies or its own member – broker. It also strives to educate and enlighten the investors by conducting investor education programmes and making available to them necessary information inputs.
TRADING AT BSE: The scrips traded on BSE have been classified into „A‟, „B‟, „T‟ and „Z‟ groups on certain qualitative and quantitative parameters.
F Group represents the Fixed Income Securities. T Group represents scrips which are settled on a trade – to – trade basis as a surveillance measure. Trading in Government Securities by the retail investors is done under the G group. Z group scrips include companies which have failed to comply with the listing agreements and/or also failed to resolve investors compliant and/or have not made the required agreement with both depositories i. e. CDSL & NDSL for dematerialization of shares.
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