STOCK MARKET OF INDIA

The history of the Indian stock market dates back to the late 1800s, when the first stock exchange, the Bombay Stock Exchange (BSE), was established in 1875. Initially, the BSE was a platform for trading of corporate bonds, but it later expanded to include shares of joint stock companies.

In the early 1900s, several other regional stock exchanges were established, including the Calcutta Stock Exchange (CSE), the Delhi Stock Exchange (DSE), and the Ahmedabad Stock Exchange (ASE). During this time, the Indian stock market was largely dominated by British and foreign investors, with limited participation from Indian investors.

After India's independence in 1947, the Indian government nationalized several industries and established regulations for the stock market. In 1992, the Securities and Exchange Board of India (SEBI) was established as the primary regulatory body for the Indian stock market, with the mandate to protect the interests of investors and promote the development of the securities market.

Over the past few decades, the Indian stock market has experienced significant growth, with the establishment of several new stock exchanges, the introduction of new trading systems and technologies, and increased participation from domestic and foreign investors. 

Today, the Indian stock market is one of the largest in the world, with a market capitalization of over $2 trillion, and provides opportunities for investors to invest in a wide range of securities, including equities, bonds, and derivatives.