INTRODUCTION

BOMBAY STOCK EXCHANGE IS THE OLDEST STOCK EXCHANGE IN ASIA WITH 137 YEARS OF EXISTENCE. BSE WAS EXTABLISHED AS THE NATIVE SHARE AND STOCK BROKERS ASSOCIATION IN 1875. IT IS WORLDS NUMBER 1 INDEX COMPANY IN TERMS OF LISTED MEMBERS WITH MORE THAN 5000 COMPANIES LISTED. BSE LTD IS WORLD'S FIFTH MOST ACTIVE EXCHANGE IN TERMS OF NUMBER OF TRANSACTIONS HANDLED THROUGH ITS ELECTRONIC TRADING SYSTEM. THE COMPANIES LISTED ON BSE LTD COMMAND A TOTAL MARKET CAPITALIZATION OF USD TRILLION 1.06 IT HAS A GLOBAL REACH WITH CUSTOMERS AND A NATION-WIDE PRESENCE WITH REACH IN MORE THAN 360 CITIES . FIRST EXCHANGE IN INDIA TO OBTAIN ISO 9001:2000 CETIFICATION FIRST EXCHANGE IN COUNTRY TO OBTAIN INFORMATION SECURITY MANAGEMENT SYSTEM STANDARD BS 7799-2-2002 CERTIFICATION

HISTORY
THE BOMBAY STOCK EXCHANGE TRACES ITS HISTORY TO THE 1850s, WHEN FOUR GUJARATI AND ONE PARSI STOCKBROKER WOULD GATHER UNDER BANYAN TREES IN FRONT OF MUMBAI'S TOWN HALL.

THE LOCATION OF THESE MEETINGS CHANGED MANY TIMES, AS THE NUMBER OF BROKERS CONSTANTLY INCREASED. THE GROUP EVENTUALLY MOVED TO DALAL STREET IN 1874 AND IN 1875 BECAME AN OFFICIAL ORGANIZATION KNOWN AS 'THE NATIVE SHARE & STOCK BROKERS ASSOCIATION'.
IN 1956, THE BSE BECAME THE FIRST STOCK EXCHANGE TO BE RECOGNIZED BY THE INDIAN GOVERMENTUNDER THE SECURITIES CONTRACT REGULATION ACT.

THE BOMBAY STOCK EXCHANGE DEVELOPED THE BSE SENSEX IN 1986, GIVING THE BSE A MEANS TO MEASURE OVERALL PERFORMANCE OF THE EXCHANGE.
IN 2000 THE BSE USED THIS INDEX TO OPEN ITS DERIVATIVES MARKET, TRADING SENSEX FUTURES CONTRACTS. THE DEVELOPMENT OF SENSEX OPTIONS ALONG WITH EQUITY DERIVATIVES FOLLOWED IN 2001 AND 2002, EXPANDING THE BSE'S TRADING PLATFORM. HISTORICALLY AN OPEN OUTCRY FLOOR TRADING EXCHANGE, THE BOMBAY STOCK EXCHANGE SWITCHED TO AN ELECTRONIC TRADING SYSTEM IN 1995. IT TOOK THE EXCHANGE ONLY FIFTY DAYS TO MAKE THIS TRANSITION. THIS AUTOMATED, SCREEN-BASED TRADING PLATFORM IS CALLED BSE ON-LINE TRADING (BOLT).

FEATURES
THE BSE SENSEX (BOMBAY STOCK EXCHANGE SENSITIVE INDEX), ALSO CALLED THE BSE 30 (BOMBAY STOCK EXCHANGE)OR SIMPLY THE SENSEX, IS A FREE -FLOAT MARKET CAPITALIZATION-WEIGHTED STOCK MARKET INDEX OF 30 WELL-ESTABLISHED AND FINANCIALLY SOUND COMPANIES LISTED ON BOMBAY STOCK EXCHANGE (BSE). THE 30 COMPONENT COMPANIES WHICH ARE SOME OF THE LARGEST AND MOST ACTIVELY TRADED STOCKS, ARE REPRESENTATIVE OF VARIOUS INDUSTRIAL SECTORS OF THE INDIAN ECONOMY. THESE COMPANIES ACCOUNTS FOR ONE FIFTH OF MARKET CAPITALIZATION BASE VALUE OF SENSEX IS 100 (APRIL 1,1979) AND THE BASE YEAR IS(1978-79) BSE IS A CORPORATIZED AND DEMUTUALISED ENTITY, WITH A BROAD SHAREHOLDER-BASE WHICH INCLUDES TWO LEADING GLOBAL EXCHANGES, DEUTSCHE BOURSE AND SINGAPORE EXCHANGE AS STRATEGIC PARTNERS. BSE PROVIDES AN EFFICIENT AND TRANSPARENT MARKET FOR TRADING IN EQUITY, DEBT INSTRUMENTS, DERIVATIVES, MUTUAL FUNDS. IT ALSO HAS A PLATFORM FOR TRADING IN EQUITIES OF SMALL-AND-MEDIUM ENTERPRISES (SME). BSE ALSO PROVIDES A HOST OF OTHER SERVICES TO CAPITAL MARKET PARTICIPANTS INCLUDING RISK MANAGEMENT, CLEARING, SETTLEMENT, MARKET DATA SERVICES AND EDUCATION. BSE ALSO PROVIDES DEPOSITORY SERVICES THROUGH ITS CENTRAL DEPOSITORY SERVICES LTD. (CDSL) ARM. BSES POPULAR EQUITY INDEX - THE SENSEX - IS INDIA'S MOST WIDELY TRACKED STOCK MARKET BENCHMARK INDEX. IT IS TRADED INTERNATIONALLY ON THE EUREX AS WELL AS LEADING EXCHANGES OF THE BRCS NATIONS (BRAZIL, RUSSIA, CHINA AND SOUTH AFRICA).

HOURS OF OPERATION
SESSION TIMING
PRE-OPEN TRADING SESSION: TRADING SESSION: POSITION TRANSFER SESSION: CLOSING SESSION: 09:00 - 09:15 09:15 - 15:30 15:30 - 15:50 15:50 - 16:05

THE HOURS OF OPERATION FOR THE BSE QUOTED ABOVE ARE STATED IN TERMS THE LOCAL TIME (GMT + 5:30). BSE'S NORMAL TRADING SESSIONS ARE ON ALL DAYS OF THE WEEK EXCEPT SATURDAY, SUNDAYS AND HOLIDAYS DECLARED BY THE EXCHANGE IN ADVANCE.

TOP 30 COMPANIES IN SENSEX INDEX

ACC HDFC BANK ICICI BANK BHEL HERO HONDA INFOSYS BHARTI AIRTEL HINDALCO ITC CIPLA HUL JP ASSOCIATE DLF HDFC JINDAL STEEL

L&T
RCOM TCS

M&M
RELIANCE TATA MOTORS

MARUTI
REL INFRA TATA POWERS

NTPC
SBI TATA STEEL

ONGC
STERLITE WIPRO