Stock Exchanges In India

Stock Exchanges are an organised marketplace, either corporation or mutual organisation, where members of the organisation gather to trade company stocks and other securities. The members may act either as agents for their customers, or as principals for their own accounts.

Stock exchanges also facilitate for the issue and redemption of securities and other financial instruments including the payment of income and dividends. The record keeping is central but trade is linked to such physical place because modern markets are computerised. The trade on an exchange is only by members and stock broker do have a seat on the exchange.

List of Stock Exchanges In India History of Stock Exchanges In India:
In 1860, the exchange flourished with 60 brokers. In fact the 'Share Mania' in India began when the American Civil War broke and the cotton supply from the US to Europe stopped. Further the brokers increased to 250.

At the end of the war in 1874, the market found a place in a street (now called Dalal Street). In 1887, "Native Share and Stock Brokers' Association" was established. In 1895, the exchange acquired a premise in the street which was inaugurated in 1899.

Stock Exchange Details	1946	1961	1971	1975	1980	1985	1991	1995
No. of Stock Exchanges	7	7	8	8	9	14	20	22
No. of Listed Cos.	1125	1203	1599	1552	2265	4344	6229	8593
No. of Stock Issues of Listed Cos.	1506	2111	2838	3230	3697	6174	8967	11784
Capital of Listed Cos. (Cr. Rs.)	270	753	1812	2614	3973	9723	32041	59583
Market value of Capital of Listed Cos. (Cr. Rs.)	971	1292	2675	3273	6750	25302	110279	478121
Capital per Listed Cos. (4/2) (Lakh Rs.)	24	63	113	168	175	224	514	693
Market Value of Capital per Listed Cos. (Lakh Rs.) (5/2)	86	107	167	211	298	582	1770	5564
Appreciated value of Capital per Listed Cos. (Lak Rs.)	358	170	148	126	170	260	344	803

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