BSE launches new logo on its 149th foundation day

On the occasion of its 149th foundation day, Asia’s oldest stock exchange - BSE on Monday launched a new logo.

The Bombay Stock Exchange was established in 1875 as ‘The Native Share & Stock Brokers' Association’ under a banyan tree on Mumbai’s Dalal Street.

Over the past century, BSE has facilitated the growth of the Indian corporate sector by providing it an efficient capital-raising platform.

In 2017, BSE became the first listed stock exchange of India. It provides a market for trading in equity, currencies, debt instruments, derivatives, mutual funds.

As BSE celebrates its 149th Foundation Day and this is a good occasion to look at some of the key milestones and achievements of the bourse:

Key milestones:

July 9, 1875 - The Native Share & Stock Broker’s Association was formed

August 31, 1957 - BSE was granted permanent recognition under Securities Contracts (Regulation) Act (SCRA)

January 2, 1986 - S&P BSE SENSEX, the country’s first equity index was launched

July 25, 1990 - Sensex closed above the 1,000-mark for the first time

January 15, 1992 - Sensex closed above the 2,000-mark for the first time

March 30, 1992 - Sensex closed above the 4,000-mark for the first time

August 19, 1996 - First major revamp of the Sensex

1997 - BSE On-Line Trading (BOLT) system expanded across the country

February 11, 2000 - Sensex crossed the 6,000-mark during intra-day trading

June 9, 2000 - BSE launched equity derivatives

June 2001 - BSE PSU index introduced; index options were also launched

July 2001 - India’s first free-float index BSE Teck launched; stock options also made their entry

December 31, 2001 - T+5 settlement system introduced

April 1, 2002 - Settlement cycle shortened to T+3

April 1, 2003 - Settlement cycle further shortened to T+2

February 7, 2006 - SENSEX closed above the 10,000-mark for the first time

October 1, 2008 - Currency derivatives were introduced

March 13, 2012 - A dedicated platform for SMEs was launched in the from of BSE - SME Exchange Platform

October 13, 2015 - BSE became the fastest exchange globally with a median response speed of 6 microseconds

February 3, 2017 - BSE became India's first listed stock exchange when it listed on NSE

December 22, 2018 - BSE launched ‘BSE Startups’, a new platform for entrepreneurs to list their start-ups

October 24, 2022 - Electronic Gold Receipts (EGRs) were launched on Diwali during Muhurat Trading session

July 7, 2023 - Sensex touched its all-time record high of 65,898.98 during intra-day trade