Whenever we talk about the Indian stock market, Dalal Street is the most common word used. Dalal Street is the address of the Bombay Stock Exchange (BSE) which is the leading stock exchange of the country. Many financial firms and institutions are located on this street. When the BSE was shifted to this location, the name of the street near to the building was renamed as Dalal Street. Just like Wall Street in New York represents the financial street of America, Dalal Street represents the financial street of India.
Bombay Stock Exchange is the oldest stock exchange of India. It is located at Phiroze Jeejeebhoy Towers, Dalal Street in Fort. BSE was the first stock exchange in India that was recognized by the Indian government. To measure the performance of the Bombay Stock Exchange, a measuring tool BSE Sensex was developed in 1986. BSE is the first stock exchange in the world that had centralized internet trading system.
💣 Bomb Blast at Dalal Street 💣
Unfortunately, Dalal Street was one of the targets of the terrorists that conducted a series of bomb blasts in Mumbai in 1993. Many bombs were placed in cars and scooters. There were many causalities in the bombings and hundreds of people lost lives in the attack.
Nifty Trading Academy provides stock market education to beginners on Dalal Street. We assist them by imparting knowledge on technical analysis of stocks and chart reading. By learning through us you can become successful intraday traders and long term investors. For any further information or query, you can contact us via call or email. We will be glad to serve you.