In the year 2017, it acquired the status of India’s first listed stock exchange.
BSE’s benchmark index is known as Sensex. The word “Sensex” is derived from two terms – sensitive and index
BSE Trading takes places at the speed of 6 micro seconds, making it one of the country’s fastest stock exchanges.
More than 5000 companies are listed on this bourse.
The market capitalization of BSE was Rs. 137.13 trillion (March 2020).
The mechanism of BSE Trading happens in the following way:
Contact an authorized broker
Investors (including traders) connect to BSE through a set of authorized brokers. The brokers help place the trades (buy or sell orders) on the stock exchange. The services are offered against a specific charge or brokerage fees. TradeSmart offers a wide range of trading solutions through fully-automated platforms. We also offer regular updates on various investment opportunities including BSE Options trading.
Open a BSE Trading Account and demat account
The first pre-requisite for trading on this stock exchange is having a BSE Trading Account and demat account. You can open this account through any authorized broker or brokerage agency. Documents such as identity proof, address proof and a bank account are essential for opening this account.
Types of BSE Trading
BSE Trading can be of two types – intraday or day trading and delivery trading.
In intraday trading, you need to close or square-off the transaction (long as well as short) within the same day. In this type of trading, you are allowed to use margins. Margins refer to the funding given by the broking firm to enhance your exposure. This facility permits you to buy or sell higher number of stocks, which otherwise would need you to invest more funds.
In delivery trading, you need to hold the stocks for more than a day and hence take their delivery. There is no margin concept in this type of trading.
Transactions are processed within a T+2 settlement framework or two working days.
Fill up the account form Online or Offline.
We Verify your application and the documents.
Your account is Open and we send the trading account details using which you can Start trading
If you are wondering why you need to partner with TradeSmart for your NSE Trading needs, here are your answers:
Our rich experience (spanning more than 20 years) coupled with a strong track record has given us
We drive your success through automation and technology.
BSE Trading falls under the regulatory jurisdiction of SEBI (Securities and Exchange Board of India).
BSE remains operational from Monday to Friday. Its working hours are 9.15am to 3.30pm. The period between 9am to 9.15am is known as the pre-market session. The purpose of this session is to stabilize volatility due to any major announcement or event that took place the previous night.
BSE Sensex comprises of the top 30 stocks which are listed on BSE. These stocks are from well-established and financially robust companies. The index is calculated using the free-float market-cap methodology.
The BSE Trading platform is known as BOLT (BSE On-Line Trading). This platform allows traders from across the globe to place their trades with BSE. It is a fully- automated, screen-based platform and has a capacity to handle 8 million trade orders per day. BOLT is one of the few global trading platforms that can handle hybrid trading (order and quote driven)