How Indian stock market has evolved since Independence?
The Indian stock market is counted as one of the world’s best-performing markets. The NSE today is the second fastest-growing stock exchange in the world besides being the world’s third largest Stock Exchange in terms of equities. BSE is the 11th largest stock exchange in the world besides being cited as the world's best performing shares market. The stature of the bourses has elevated the position of the Indian stock market on the world map.
This is what the evolution of stock markets looks like. Because we are celebrating Independence Day this week, I thought I’d take a walk down history lane to see how the investment space and equity markets have evolved over the deceased and it’s astonishing to see the transformation. Come along and take that walk with me!
One thing to keep in mind is that this success didn’t come to India overnight. It was a fairly gradual process full of a lot of challenges which dates back to the 18th century when the East India Company began trading in loan securities.
P.S.: To celebrate India’s 77 strong years of Independence, we at Green Portfolio are offering 20% OFF on all our smallcases (one-year plans). Come, celebrate with us!
Been there since the 1800s
In the 1830s, corporate shares started being traded in Mumbai. Most notably, stocks of banks and cotton presses were the ones that were traded.
In 1874 as more brokers jumped onto the bandwagon in downtown Mumbai, Dalal Street was born. Today, Dalal Street has become a metonym for the entire Indian financial sector, much like
