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BSE: A Journey in Time

As BSE gears up to list its shares, it is easy to forget Asia's oldest bourse had a humble beginning

Ashley Coutinho  |  Mumbai 

When a group of stockbrokers began trading in 1875 under the banner The Native Share and Stock Brokers’ Association, little did they know that the arrangement would mature into one of the premier stock exchanges of the country: BSE, formerly the Bombay Stock Exchange. Indeed, as the exchange gears up to list its own shares, a decade after its demutualisation, it is easy to forget that Asia’s oldest exchange had a humble beginning. In the 1850s, meetings of stockbrokers were held under a banyan tree in front of the Town Hall, which is in south Mumbai. After trying ...

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