VISIT TO BOMBAY STOCK EXCHANGE, AHMEDABAD OFFICE
Rapporteur: Dr. Nausheen Nizami
23 Oct. 2019: The Economics Faculty, Department of Social Sciences with the encouraging support
of Dr. Prashanta Panda - Head, Social Sciences, and Prof Nigam Dave - Director and Dean, SLS,
organized a visit to the Bombay Stock Exchange Institute Private Limited, Ahmedabad Office, on 23rd
October 2019. The participants in the visit were students of Economics Major (Semester V and VII)
and Economics Minor (Semester VII). The visit was organized to give a practical exposure to the
students about the working of the Bombay Stock Exchange and educate them about the new
subsidiary of BSE, India International Exchange (INX). Due to the operational constraints at the BSE
Office, participants were divided into two groups leading to two visits at the office; one at forenoon and
the second at afternoon.
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Expert session in progress at BSE Institute, Ahmedabad
Mr. Jugal Shah, the expert faculty at the BSE Institute Pvt. Ltd. conducted the awareness session on
the working of BSE and INX. The session began with a formal introduction to the students about the
Indian Financial System which constitutes of financial institutions, regulators and assets. Financial
markets in India are broadly of five types including derivatives market, stock market and commodities
market. The session discussed the importance of each of these markets and the need for stock
exchange in India. Students were apprised about the meaning of derivatives, futures, options, stocks,
equities and debt instruments.
Mr. Shah gave an overview of the evolution of stock and derivative market in India and explained how
stock exchange serves as a barometer of the health and growth of an economy. The impact of internal
as well as external factors affecting stock markets was also discussed. Later Mr. Shah explained the
historical evolution of Bombay Stock Exchange and how over a period of time, it has evolved as the
world’s fastest stock exchange using BOLT platform and having a speed of 6 microseconds. The
eligibility for a company to be listed at BSE was discussed. There are more than 5500 companies
which are listed on the BSE. The operational hours of BSE are from 9 am to 3:30 pm.
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