Images: Shutterstock, Pexels
India’s stock market story began in the 1850s when a group of 22 brokers would meet under a banyan tree at Horniman Circle, Dalal Street in Mumbai.
Premchand Roychand founded the Bombay Stock Exchange (BSE) in 1875, making it Asia’s oldest stock exchange and the world’s 10th oldest.
Image: wikipedia.org/ public domain
In 2023, the NSE was the world’s largest derivatives market for the fifth consecutive year, with nearly 85 billion derivatives contracts being traded.
With a market valuation of ₹4.7 lakh crore, the NSE was the most-valued unlisted company in India and the 10th most-valued private firm.
Source: 2024 Burgundy Private-Hurun India 500 list
India dominated the global IPO market in volume at 332 IPOs in 2024. It witnessed twice as many IPOs as the US and 2.5 times that of Europe.
Source: Pantomath Group
Thanks for reading!
See next