Q.Write a note on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

India's two dominant stock exchanges differ mainly in when they were founded and what kind of trading system they were built around from the start.

Bombay Stock Exchange (BSE). Established in 1875, the BSE is the oldest stock exchange in Asia. Headquartered in Mumbai, it now operates a fully electronic trading system. Its benchmark index, the Sensex, tracks 30 of the largest and most actively traded companies listed on the exchange.

National Stock Exchange (NSE). Established in 1992 and commencing trading operations in 1994, the NSE was set up to bring fully electronic, screen-based trading to the Indian market and extend trading access nationwide through trading terminals. Its benchmark index, the Nifty 50, tracks 50 major companies across a broad range of sectors. …

Mixing up the two exchanges' founding and trading-commencement years — the NSE was established in 1992 but …