BSE

What it is: BSE Limited operates the Bombay Stock Exchange, Asia’s oldest stock exchange and a key capital-market infrastructure company in India. Founded: 1875 Headquarters: Dalal Street, Mumbai What BSE Does Trading platforms: Equities, equity derivatives, currency, debt, mutual funds Index business: SENSEX and multiple sectoral & thematic indices SME exchange: Fundraising platform for small & mid enterprises Data & technology: Market data, index licensing, analytics, tech services How BSE Makes Money Transaction charges (cash & derivatives) Listing and annual fees from companies High-margin data & index licensing revenues Technology and other ancillary services Why Investors Track BSE Structural play on financialisation of savings Asset-light, scalable business model Data & index income provides earnings stability SME exchange offers long-term growth optionality Key Strengths Strong brand and legacy trust Large listed universe High operating leverage when volumes rise Growing non-transaction (annuity) revenues