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Tuesday, June 23, 2009

Difference between BSE and NSE

BSE or Bombay Stock Exchange is the oldest stock exchange in Asia that was established in 1875.
BSE is located at Dalal Street, Mumbai.
NSE came into existence when there was tough opposition to the electronification of BSE. And NSE was an alternative to Close Circuit BSE which was virtually in the hands of brokers. It opened up the share market to more and more common people with less and less paper work. This helped in more effective capital consolidation. But now both th BSE and NSE have incorporated more or less the same IT services and are easily accessible.
National Stock Exchange of India or in short NSE happens to be India’s largest Stock Exchange and World’s third largest stock exchange in terms of transactions. It is located in Mumbai and was incorporated in November 1992 as a tax-paying company. It was in April 1993 that NSE was recognized as stock exchange under the Securities Contract Act 1956.

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