BSE

What it is: BSE Limited runs the Bombay Stock Exchange, Asia’s oldest stock exchange and a core capital-market infrastructure company in India. Founded: 1875 HQ: Dalal Street, Mumbai What BSE Does Trading platforms: Equities, derivatives, currency, debt, mutual funds Indices: SENSEX and multiple sectoral/thematic indices SME exchange: Fundraising platform for small & mid enterprises Data & technology: Market data, index licensing, analytics How BSE Makes Money Transaction fees (cash & derivatives) Listing & annual fees High-margin data and index revenues Technology services Why Investors Track BSE Structural play on financialisation of savings Asset-light, scalable business Non-transaction revenues add stability SME platform offers growth optionality Key Strengths Strong brand & long legacy High operating leverage in bull markets Diversified revenue mix Key Risks Competition from NSE Market volume cyclicality Regulatory fee changes