The Bombay Stock Exchange, now commonly called BSE, is a stock exchange in Mumbai and is the oldest in Asia. It began as an informal gathering of brokers who traded under a banyan tree in front of the Town Hall in the 1850s, and it was organised formally in 1875 as the Native Share and Stock Brokers' Association, with Premchand Roychand as a leading figure. It is located on Dalal Street in Mumbai's financial district. Its share index, the Sensex, was launched in 1986 and is the most widely quoted barometer of the Indian market. The exchange moved from open outcry trading to an electronic system in the mid-1990s, and it now competes with the National Stock Exchange.
Before and after
- 21 November 1874Founding of Aston Villa F.C.
- 30 November 1874Birth of Winston Churchill
- 1875Founding of Blackburn Rovers F.C.
- 1875Construction of Sacré-Cœur
- 1875Founding of Bombay Stock Exchange
- 1875Discovery of gallium
- 5 January 1875Construction of Palais Garnier
- 14 January 1875Birth of Albert Schweitzer
- 7 March 1875Birth of Maurice Ravel
More in Society, economy & sport
- c. 1800sRise of nationalism
- 1885Founding of Stanford University
- 1 November 1897Founding of Juventus FC
- 1 January 1901Founding of Australia
- 6 March 1902Founding of Real Madrid Club de Fútbol
- 21 May 1904Founding of FIFA
The era
This moment belongs to the Industrial era (1760 CE to 1914 CE), steam, factories and revolutions. You can also browse everything in the 19th century.