BSE celebrates its 149th foundation day and launches a new logo

The largest stock exchange in Asia, BSE celebrated its 149th Foundation Day on 10th July, 2023. The organization launched its new logo on the occasion. 

The BSE Sensex, formerly recognized as the Bombay Stock Exchange originated in 1875 under the name 'The Native Share and Stock Broker's Association' on Dalal Street in Mumbai. Throughout its century-long existence, the BSE has played a crucial role in fostering the expansion of capital markets in India. By offering an efficient platform, it has facilitated growth and development across the country's markets.

Sundaraman Ramamurthy, MD and CEO, of BSE, said, “The purpose for which we all have been working is to make BSE vibrant. This thought should get reflected in our logo, which was the demand of many of our stakeholders and employees.” 

Ramamurthy explained about the colors – white, blue, red, and yellow and said that “This is the panchabhut - what prakriti is made of”. The color blue stands for the sky and the ocean, which represents the knowledge and integrity of the organization. The red, orange, and yellow represent the transition of the rays of the sun which signifies the bright future of the organization, the MD & CEO added. 

SS Mundra, Chairman, of BSE, said, “There have been a few changes in the platform in the last few years. The reinvention of BSE, inclusion of mutual funds, SMEs, and even the relaunch of Sensex and unveiling of the logo, it is all a part of the journey. The agenda is still unfolding. On the occasion of foundation day, I hope the journey will be fascinating, not just for the BSE but for the entire capital market and the Indian economy,” he said. 

In 2017, the BSE became the first listed stock exchange in India. There is an increase in the number of investors.