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BSE at 150: India's stock market stands out globally, has grown stronger

The market has faced its share of storms: from the 1992 scam to the global financial crisis. But like a sturdy bull, it has only grown stronger with each challenge

stock prices, Nifty Smallcap, stock market, initial public offering, IPO
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The game changed in 1986 with the launch of the Sensex, a benchmark that put India’s stock market on the map

Raamdeo Agrawal

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Imagine a time when trading stocks meant shouting bids on a bustling exchange floor, with deals sealed by trust among a tight-knit group of brokers. That was the Indian stock market half-a-century ago. Fast forward to today, and we’re celebrating the 150th anniversary of BSE (formerly Bombay Stock Exchange), Asia’s oldest stock exchange, which has grown into a tech-savvy, globally competitive powerhouse. The Indian stock market’s journey is nothing short of remarkable: a story of innovation, resilience, and opportunity that’s worth celebrating.
 
Back in the day, trading happened in the BSE’s lively “ring,” where brokers, known as jobbers, called out
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