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Wednesday, August 15, 2012

BSE | NSE gets 4th 5th place in emerging economies

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So some good updates wrto Indian stock exchanges as Bombay Stock Exchange and National stock exchange got position in top 5 bourses for emerging markets.

Indian stock exchanges, Bombay Stock Exchange ranked fourth with market capitalization of 1,101.87 billion and National stock exchange followed with fifth rank as it has market capitalization of 1,079.39 billion. Out of total 14 bourses from emerging markets were ranked by World federation of exchanges. China and Brazil topped the list of emerging markets. Shanghai Stock Exchange topped with market capitalization of 2.4 billion dollars. Shenzhen Stock Exchange is second and Brazil's BM&FBOVESPA remained third.

However the not so good news wrto Bombay Stock Exchange is that it's net profit declined by 76% in last quarter. net profit of BSE declined to 15.4 crores only.

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