Stock Exchanges of India
>> Saturday, April 11, 2009
A stock exchange is something which its name implies. Its a place where buyers and sellers get together to exchange/ trade their stocks. Without a stock exchange it would have been difficult for companies to raise cash through issuing shares to the public.
Stock exchanges have greatly evolved over the centuries. Until a few decades ago, stock exchanges were almost synonymous with confusion and chaos. Brokers and traders actually got into a physical trading ring, madly screamed at each other, took physical note of concluded trades and took another few months to actually complete the transaction. But now stock exchanges run on sophisticated electronic networks. Trillions of dollars worth of trade takes place each day and transactions are netted out smoothly in minutes.
The two most significant stock exchanges in India are the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). While there are many other regional stock exchanges in India, these two exchanges pretty much cover the breadth of all trades in India.
3 comments:
Ranga, I am glad that you have started this blog. It will be a great forum to improve my own understanding through informed analysis and debate.
PS: I think this blog should be renamed to Markets "by" the Maharaja. All your readers will attest to this fact :)
My question for you:
Why would someone choose to list on NSE or BSE and in some cases on both?
Hey Swaroop.. thanks for stopping by. I will sure cover the part between BSE and NSE in the next post
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