Sensex -after flirting with 18,000

THE SENSEX got relatively close to 18000 as it galloped from the day's open of 17,467 to 17,953 a after noon.Correction set in at that point and it got deeper as panic spread -- the sensex slowely down to 17,288. The Hang Seng ,the Hong Kong Stock Exchange index and the best performing ,fell 1626 points ,creating fear among Indian traders and investors
according to me " i do not think small investors are entering the market at this level i would advise them caution . do not invest the money at this time when sensex is achieving zig zag path"

Bombay Stock Exchange - A Brief History

Bombay Stock Exchange (BSE) is the symbol economic growth of India. It was established in 1875. at the time of establishment there was around 3,500 Indian companies listed with the stock exchange, and they each have significant trading volume . As in July of year 2005, the market capitalization and share of the BSE was total of Rs. 20 trillion. Along with the NSE, the companies listed on the BSE have a combined market capitalization of US$ 125.5 billion.

Fast facts about Mumbai Stock Exchange in Mumbai

When it was built: 1875

By whom it was built: Group of Stock Brokers

Nature of the building: Stock Exchange

Bombay Stock Exchange