MUMBAI, India, April 27, 2023 /PRNewswire/ — The iconic ‘Charging Bull’, BSE Gong and the ‘Common Man’ sculptures was unveiled by Shri Mangal Prabhat Lodha, the Minister of Tourism, Skill Development and Entrepreneurship and Women and Child Development, Government of Maharashtra at the Traffic Island of Horniman Circle. Shri. S.S Mundra – Chairman BSE and Shri. Sundararaman Ramamurthy, MD-CEO, BSE attended the event. Smt. Ashwini Bhide, AMC, BMC and Shri Ashish Sharma, AMC, BMC graced the occasion.
‘Charging Bull’ the iconic symbol of our markets, symbolizes prosperity in our tradition and signifies financial optimism too and Bull statue at this prominent location indicates accessibility of financial prosperity to common investors. The ‘common man’, the cartoon character created by renowned Cartoonist R.K Laxman symbolizes hopes and aspirations of a common man.
“Today will go down as a memorable day in the journey of BSE, as our iconic symbol ‘Charging Bull’ is reaching doorstep of common man. We are extremely thankful to the Government of Maharashtra and the BMC for promoting our heritage by placing a replica of the legendary bull and gong of BSE outside in the public arena along with ‘Common Man’ gives opportunity to public at large to relate with financial markets,” said Shri Sundararaman Ramamurthy, MD-CEO, BSE.
About BSE
BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first and the world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualised entity, with a broad shareholder base. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.
BSE also has a dedicated platform for trading in equities of small and medium enterprises (SMEs) that has been highly successful. BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE’s systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market, and stimulate innovation and competition across all market segments.
Indian Clearing Corporation Limited, a wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE and other exchanges trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed. BSE Institute Ltd, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), associate company of BSE, is one of the two Depositories in India.
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