2024 - Bombay Stock Exchange | Commemorative Coin

A commemorative coin of ₹150 will be issued to mark the 150 Years of Bombay Stock Exchange. The Ministry of Finance has issued the gazette notification on July 11, 2024.

The Bombay Stock Exchange (BSE) is one of Asia's oldest stock exchanges, founded by Premchand Roychand in 1875. Located in Mumbai, India, it plays a crucial role in the Indian capital market. The BSE's benchmark index, the Sensex, comprises 30 prominent companies representing diverse sectors of the Indian economy. It serves as a barometer for market sentiment and economic trends in India.

The BSE operates under the regulatory framework of the Securities and Exchange Board of India (SEBI). It offers a transparent and efficient platform for trading in equities, debt instruments, derivatives, and mutual funds. Over the years, the exchange has embraced technological advancements, providing online trading facilities and deploying state-of-the-art trading systems.

The BSE has several indices, with the Sensex being the most renowned. It reflects the performance of the top 30 companies listed on the exchange, making it a critical indicator for investors. The exchange's role in fostering financial literacy and investor education is noteworthy, conducting various programs and initiatives to promote informed investing.

Additionally, the BSE's international presence has expanded through alliances and collaborations with global exchanges. This growth has enhanced its stature and provided Indian companies with greater opportunities to access global capital markets. The BSE's evolution from a regional exchange to a global entity underscores its significance in India's financial landscape.

Comments

Post a Comment

Popular posts from this blog

New Commemorative Coin: Mysore Medical College and Research Institute

Image
The Government of India will issue a ₹100  commemorative coin  to mark the Centenary Celebration of Mysore Medical College and Research Institute . The Ministry of Finance issued a gazette notification on November 25, 2024, confirming this coin. Mysore Medical College and Research Institute (MMC&RI), established in 1924 in Mysuru, Karnataka, is one of India’s oldest medical colleges. Affiliated with Rajiv Gandhi University of Health Sciences, it offers MBBS, postgraduate, and super-specialty courses. Known for academic excellence and attached to hospitals like K.R. and Cheluvamba, MMC&RI combines quality education with essential healthcare services. The  metal composition  of the ₹100 coin will consist of a Quaternary Alloy, comprising 50% Silver, 40% Copper, 5% Nickel, and 5% Zinc. The coin will weigh 35 grams and have a diameter of 44 mm, featuring 200 serrations along the edge. The coin's description is as follows. Obverse:  The face of the ...
Read more

New Commemorative Coin: Birla Institute of Technology and Science, Pilani

Image
The Government of India will issue a  commemorative coin  with a denomination of ₹60 to celebrate the ' Diamond Jubilee of Birla Institute of Technology and Science, Pilani '. The Ministry of Finance issued a gazette notification on November 4, 2024, confirming this coin. Birla Institute of Technology & Science, Pilani (BITS Pilani) is a premier private institution in India known for its excellence in engineering, science, and technology education. Established in 1964, BITS Pilani operates across multiple campuses in Pilani, Goa, Hyderabad, and Dubai, offering undergraduate, postgraduate, and doctoral programs. Known for its rigorous academic curriculum, innovative pedagogy, and strong emphasis on research and industry collaboration, BITS Pilani is among India's top engineering and technology schools. The institute follows a unique “Practice School” program, enabling students to gain valuable industry experience during their studies. The  metal composition  of th...
Read more

Karnataka Governor to Release Coins on Shri Parshvanath Bhagwan

Image
The Governor of Karnataka, Shri Thaawarchand Gehlot, along with Jainacharya Shri Jin Piyush Sagar Surishwarji, will release commemorative coins and postage stamps to celebrate the 2900th Janm Kalyanak and 2800th Nirvan Kalyanak of the 23rd Tirthankara, Shri Parshvanath Bhagwan, at Bhopalgarh, District Jodhpur, Rajasthan, on December 25, 2024. The event is being organized by the Shri Parshwanath Jinalaya Mahabalipuram Tirth Nyas and Shri Ostara Parshwanath Jain Shwetamber Murtipujak Trust. Shri Parshvanath Bhagwan, the 23rd Tirthankara in Jainism, holds a revered place in the faith's history. The 2900th Janm Kalyanak (birth anniversary) and 2800th Nirvan Kalyanak (liberation anniversary) commemorate his spiritual journey and teachings of non-violence, truth, and asceticism. Born in Varanasi to King Ashvasena and Queen Vamadevi, Shri Parshvanath renounced worldly pleasures at the age of 30, attaining Kevala Jnana (omniscience) through intense penance. His legacy of guiding countle...
Read more