Indian Stock Market
Indian Stock Market is an open and active market. The market capitalization of the Indian Stock Market is 5.27 trillion rupees. The total market valuation of listed companies in India is 1.88 trillion rupees.
The Indian Stock Market had its longest bull run, surpassing Asian and global markets. The bull run began on the 3rd of January 1989 and ended on the 3rd of March 2000. The two main stock exchanges in India. BSE is the first entity to get a permanent recognition in India and the NSE was established in 1992 as the first stock exchange in Asia.
India has over 1,000 publicly traded companies which is a major factor in the rising growth of the Indian equity market. The main NSE index weighting is also one of the most influential indices in the Indian stock market.
Historical Highlights
In August 1990, the NSE was established as the 1st demutualized electronic stock exchange in the world. In 1999, it had gone public. The BSE was formed in 1992 as the first industrial stock exchange in the country. It enabled trade to be carried out in a faster and easier way.
The BSE first touched its four-digit figure on July 25, 1990. On October 11, 1999, upon the victory of the Bhartiya Janta Party in the General Elections, On February 6, 2006, it had reached its all-time low of 586.50 points.
On September 19, 2017, the BSE and the NSE combined to form a new equity index called the SENSEX 30. It has received the secession of Indian equity market from MSCI India Index. Presently, the SENSEX 30 is the third biggest index in the country.
Trading Hours and Days
The BSE trades in Tuesday through Friday sessions throughout the weekdays from 9:15 a.m. to 3:00 p.m. while Saturday and Sunday show periods are from 9:15 a.m. to 1:00 p.m. Market holiday on Monday takes place in respect to Holi festival. The BSE first touched its four-digit figure on July 25, 1990. On October 11, 1999, upon the victory of the Bhartiya Janta Party in the General Elections, it had reached its peak ofrouping 20,000 points.
On September 19, 2017, the BSE and the NSE combined to form a new equity index called the SENSEX 30. It has received the secession of Indian equity market from MSCI India Index.
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