July 9, 1875: Native brokers form The Native Share and Stock-Brokers' Association in Mumbai. Mermbership fee is Re 1, and there are 318 members on the list.

1899 : Bombay Stock Exchange acquires own premises

1921: Clearing houses are established for settlement of trades as volumes increase

1923: K.R.P. Shroff becomes the honorary president of BSE.

1925: Bombay Securities Contract Control Act (BSCCA) comes into force.

December 1, 1939: Stock exchange building is acquired

1943: Forward trading banned till 1946. Only ready-to-delivery and hand-delivery contracts permitted.

1956: Securities Contract Regulation Act, drafted on the lines of BSCCA, comes into force.

1957: BSE becomes the first exchange in India to get permanent recognition

1964: Unit Trust of India (UTI) is born.

April 1, 1966: K.R.P. Shroff retires and Shri Pheroze J. Jeejeebhoy becomes Chairman

June 29, 1969: Morarji Desai bans forward trading

1973: Construction of PJ Towers, named after late Phiroze Jamshedji Jeejeebhoy starts.

January 2, 1986: BSE Sensex launched as the first stock market index with 1978-79 as the base year

November 1987: SBI Mutual Fund launches Magnum regular income scheme.

S.A. Dave, SEBI's first Chairman

April 1988: Securities & Exchange Board of India set up.

January 1992: Securities & Exchange Board of India given statutory powers

May 1992: Harshad Mehta securities scam breaks

May 27, 1992: Reliance is the first Indian company to make a GDR issue.

May 30, 1992: The Capital Issues Control Act, 1947 is repealed

September 1992: Foreign institutional investors are permitted to invest in Indian securities market

November 1992: National Stock Exchange is born

November 1992: Manmohan Singh, the then finance minister, inaugurates OTCEI-the over The Counter Exchange of India.

October 30,1993: The first private sector mutual fund-Kothari Pioneer MF begins operations

1993: SEBI bans badla trading on BSE

June 1994: NSE commences operations in wholesale debt market segment.

November 1994: Capital market segment of NSE goes on stream. Trading is screen-based for the first time in India.

March 1995: BSE online trading system (BOLT) replaces open outcry system.

June 1995: NSCCL, India's first clearing corporation is set up.

October 1995: National Stock Exchange overtakes the Bombay Stock Exchange as the largest stock exchange in terms of volume of trading.

April 1996: Nifty is born

November 1996: The National Securities Depository is created

February 1997: SEBI releases norms for takeovers and acquisitions

May 1997: BSE introduces screen-based trading

November 1998: SEBI gives recognition to integrated stock exchanges founded by 16 regional stock exchanges

February 1999: launch of automated lending and borrowing mechanism (ALBM), on NSE

March 11, 1999: Infosys Technologies is the first company to list on Nasdaq through a public offering of American Depository Receipts.

March 22, 1999: Central Depository Services (India) promoted by BSE commences operations

September 1999: ICICI is the first Indian company to list on NYSE.

Celebrating the 5,000

October 11, 1999: For the first time in BSE's history, the Sensex closed above 5,000-mark at 5,031.78

January 2000: BSE creates 'Z' category of scrips, in addition to A, B1, and B2, comprising scrips that breached or failed to comply with the listing agreement

February 2000: Internet trading commences on NSE .On February 21, NSE records peak market capitalisation of Rs 11,94,282 crore. On February 14, 2000, BSE Sensex hits an all-time high of 6,150.

April 10, 2000: The Sensex is revamped to include Dr Reddy's Lab, Reliance Petroleum, Satyam computers and Zee Telefilms, replacing Indian Hotels, Tata Chemicals, Tata Power, and IDBI.

June 2000: BSE and NSE introduce derivatives trading in the form of index futures

July 9, 2000: BSE turns 125

October 19, 2000: Wipro lists on the NYSE

January 22, 2001: Borrowing and Lending Securities Scheme (BLESS) launched on BSE to promote securities lending and borrowing activities

BSE's Anand Rathi: forced to go

March 2001: Ketan Parekh scam breaks. SEBI suspends all the broker-directors of the BSE in relation to the KP scam on March 13

May 2001: BSE advises compulsory DEMAT for B2 scrips

June 2001: Index options start trading on NSE

July 2001: A SEBI directive bans carry-forward all major securities are moved to rolling settlement. Options of individual scrips start trading on NSE

November 9, 2001: BSE and NSE launch futures in individual stocks