Sharemarket is a dream world and india had two exchanges national stock exchange and Bombay stock exchange short form is bse it was the first ever exchange in Asia opened in 1875 and first in the country to be granted permanent recognition under the securities contract regulations act 1956 it has interesting rise to prominence over the past 143 years in 1875 its old name was native share and stock brokers association which was later renamed as Bombay stock exchange around 5311 companies have been listed in bse as per data of January 13 2023 the Marathi word dalal means a broker in between it received the name Dalal street after it moved to Mumbai in 1874