Bombay Stock Market
The Bombay stock market is the largest stock exchange in South Asia with regards to equity market capitalisation. As the first and oldest stock exchange in Asia, the Bombay stock market is the largest exchange in the world with regards to the number of companies listed. In 2007, up to 4,800 companies were listed on the Bombay stock market. These companies combined for 1.79 trillion US dollars in equity market capitalisation. This made the Bombay stock market the world's tenth largest exchange. The Bombay stock market is the world's second exchange to receive certification for the BSE On-line Trading System (BOLT).
The Bombay stock market offers 21 indexes for monitoring the market. The most popular of these indexes is the BSE SENSEX or the Bombay Stock Exchange Sensitive Index. This value-weighted index tracks the largest and most active 30 companies. These companies account for approximately 20% of the market capitalisation of the Bombay stock market. With its electronic market, the Bombay stock market reaches investors and participants from over 450 of India's towns and cities. The exchange makes use of the BSE Broadcast, which is a ticker that broadcasts news on the latest trades and quotes on the Bombay stock market.