Fundamental Glossary / Indian Stock Market-Specific Fundamentals
BSE
BSE Limited, formerly the Bombay Stock Exchange, Asia's oldest stock exchange still in operation.
Formula
Sensex, of 30 stocks, is its flagship index. BSE lists a very large number of companies, including many that barely trade.
What it means
BSE is the other nationwide venue for equities. Companies typically list on both NSE and BSE. Some smaller companies are listed only on BSE.
Sensex is the older headline index. Nifty 50 is the more traded one. Both are used for the market-wide circuit breaker.
How to read it
For a large stock, BSE and NSE prices track each other. For a thinly listed BSE-only stock, the last traded price can be stale and the spread wide. Liquidity is part of the fundamental risk.
What to watch
An old BSE code series and a new symbol can confuse a data pull. Confirm the ISIN before you join two history files.
This note explains the term. It is not a research recommendation, a target price, or a comment on any security. Ratios and regulatory thresholds change; use the latest filing or circular for a live figure.