Timeline
Following is the timeline on the rise of the SENSEX through Indian stock market history.
1830 to 1875
1830's Business on corporate stocks and shares in Bank and Cotton presses started in Mumbai.
1860-1865Cotton price bubble as a result of the American Civil War.
1870 - 90's Sharp increase in share prices of jute industries followed by a boom in tea stocks and coal
1875 To 1995
9th Jul 1875 The Native Share & Stock Broker's Association formed
2nd Feb 1921 Clearing House started by Bank of India
31st Aug 1957 BSE granted permanent recognition under Securities Contracts (Regulation) Act (SCRA)
2nd Jan 1986 SENSEX, country's first equity index launched (Base Year: 1978-79 =100)
10th Jul 1987 Investor's Protection Fund (IPF) introduced
3rd Jan 1989 BSE Training Institute (BTI) inaugurated
25th Jul 1990 SENSEX closes above 1000
15th Jan 1992 SENSEX closes above 2000
30th Mar 1992 SENSEX closes above 4000
1 May 1992 SEBI Act established (An Act to protect, develop and regulate the securities market)
29 May 1992 Capital Issues (Control) Act repealed
1992 Securities Appellate Tribunal (SAT) established
14th Mar 1995 BSE On-Line Trading (BOLT) system introduced
1996 To 2000
19th Aug 1996 First major SENSEX revamp
12 May 1997 Trade Guarantee Fund (TGF) introduced
21st Jul 1997 Brokers Contingency Fund (BCF) introduced
1997 BSE On-Line Trading (BOLT) system expanded nation-wide
22nd Mar 1999 Central Depository Services Ltd.(CDSL) set up with other financial institutions
1st Jun 1999 Interest Rate Swaps (IRS) / Forward Rate Agreements (FRA) allowed
15th Jul 1999 CDSL commences work
11th Oct 1999 SENSEX closed above 5000
11th Feb 2000 SENSEX crosses 6000 intra-day
9th Jun 2000 Equity Derivatives introduced
2001 To 2005
1st Mar 2001 Corporatisation of Exchanges proposed by the Union Govt.
1st Feb 2001 BSE Webx Launched
1st Jun 2001 Index Options launched
4th Jun 2001 BSE PSU index introduced
15th Jun 2001 WDM operations at commenced
2nd Jul 2001 VaR model introduced for margin requirement calculation
9th Jul 2001 Stock options launched
11th Jul 2001 BSE Teck launched, India’s First free float index
25th Jul 2001 Dollex 30 launched
1st Nov 2001 Stock futures launched
29th Nov 2001 100% book building allowed
31st Dec 2001 All securities turn to T+5
1st Feb 2002 Two way fungibility for ADR/GDR
15th Feb 2002 Negotiated Dealing System (NDS) established
1st Apr 2002 T+3 settlement Introduced
1st Jan 2003 India’s first ETF on SENSEX - ‘SPICE' introduced
16th Jan 2003 Retail trading in G Sec
1st Apr 2003 T+2 settlement Introduced
1st June 2003 Bankex launched
1st Sep 2003 SENSEX shifted to free-float methodology
1st Dec 2003 T group launched
2nd Jun 2004 SENSEX closes over 6000 for the first time (564.71 points, 11.14%)
17th May 2004 Second biggest fall of all time, Circuit filters used twice in a day (the Scheme) announced by SEBI
20th May 2005 The BSE (Corporatisation and Demutualisation) Scheme, 2005
8th Aug 2005 Incorporation of Bombay Stock Exchange Limited
12th Aug 2005 Certificate of Commencement of Business
19th Aug 2005 BSE becomes a Corporate Entity
2006 To 2010
7th Feb 2006 SENSEX closed above 10000
7th Jul 2006 BSE Gujarati website launched
21st Oct 2006 BSE Hindi website launched
2nd Nov 2006 iShares BSE SENSEX India Tracker listed at Hong Kong Stock Exchange
2nd Jan 2007 Launch of Unified Corporate Bond Reporting platform: Indian Corporate Debt Market (ICDM)
7th Mar 2007 Singapore Exchange Limited entered into an agreement to invest in a 5% stake in BSE
16th May 2007 Appointed Date” under the Scheme i.e. Date on which Corporatisaton and Demutualisation was achieved. Notified by SEBI in the Official Gazette on 29.06.2007
10th Jan 2008 SENSEX All-time high 27206.77
1st Oct 2008 Currency Derivatives Introduced
18 May 2009 The SENSEX raised 2110.70 points (17.34%) and Index-wide upper circuit breaker applied
7th Aug 2009 BSE - USE Form Alliance to Develop Currency & Interest Rate
24th Aug 2009 BSE IPO Index launched
1st Oct 2009 Bombay Stock Exchange introduces trade details facility for the Investors
5th Oct 2009 BSE Introduces New Transaction Fee Structure for Cash Equity Segment
25th Nov 2009 BSE launches FASTRADE™ - a new market access platform
4th Dec 2009 BSE Launches BSE StAR MF – Mutual Fund trading platform
7th Dec 2009 Launch of clearing and settlement of Corporate Bonds through Indian Clearing Corporation Ltd.
14th Dec 2009 Marathi website launched
18th Dec 2009 BSE's new derivatives rates to lower transaction costs for all
4th Jan 2010 Market time changed to 9.0 a.m. - 3.30 p.m.
20 th Jan 2010 BSE PSU website launched
22nd Apr 2010 New DBM framework @ Rs.10 lakhs - 90% reduction in Membership Deposit
12 May 2010 Dissemination of Corporate Action information via SWIFT platform
23 July 2010 Options on BOLT
21st Sep 2010 First to introduce Mobile-based Trading
29th Sep 2010 Introduction of Smart Order Routing (SOR)
4th Oct 2010 EUREX - SENSEX Futures launch
11th Oct 2010 Launch of Fastrade on Web (FoW) - Exchange hosted platform
12th Nov 2010 Commencement of Volatility Index
22nd Nov 2010 Launch of SLB
10th Dec 2010 Launch of SIP
27th Dec 2010 Commencement of Shariah Index
2011 To 2012
17th Nov 2011 Maharashtra and United Kingdom Environment Ministers launched Concept Note for BSE Carbon Index
7th Jan 2011 BSE Training Institute Ltd. with IGNOU launched India's first 2 year full-time MBA program specializing in Financial Market
15th Jan 2011 Co-location facility at BSE - tie up with Netmagic
22nd Feb 2012 Launch of BSE-GREENEX to promote investments in Green India
13th Mar 2012 Launch of BSE - SME Exchange Platform
30th Mar 2012 BSE launched trading in BRICSMART indices derivatives
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