Genre: News > Business

Sep 7, 2009: The Bombay Stock Exchange (BSE) benchmark index Sensex on Monday gained 327 points to close above the psychological 16,000 mark for the first time in 2009.

 

The 50-share National Stock Exchange index Nifty gained 102 points to close at 4,782.90.

 

ICICI Bank, RComm, Bharati were major NSE gainers.

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Background

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are the major stock exchanges in India.

 

The National Stock Exchange (NSE), located in Mumbai, opened for trading in mid-1994. Its index Nifty represents 50 companies across 21 sectors.

It is the largest stock exchange in India.

 

The Bombay Stock Exchange (BSE) is the second largest stock exchange in India. Its index is known as the Sensex, which represents 30 stocks in 12 major sectors.

As on December 31, 2007, its market capitalization stood at USD 1.79 trillion.

 

 

 

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