May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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Chapter 46: The Indian Stock Market | 591 |
Brokers’ Association” (which is alternatively known as “The Stock
Exchange”). In 1895, the Stock Exchange acquired a premise in
the same street and it was inaugurated in 1899. Thus, the Stock
Exchange at Bombay was consolidated.
3
The fi rst ever stock exchange to be organized on modern lines
was established in Bombay in 1875. The Calcutta and Madras stock
exchanges were established in 1908 and Delhi in 1947. Presently,
there are 24 stock exchanges in the country. Stock exchanges are of
various types as follows: as many as 14 are organized as public-limited
companies, 6 are limited by guarantees and 3 are voluntary non-profi t-
making organizations. In 2004, “the Securities Contract (Regulations) ...
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