The history of the Indian capital businesss and the stock market, in particular can be traced back to 1861 when the American Civil War beganhe opening of the Suez Canal during the 1860s led to a tremendous increase in exports to the United Kingdom and United Statenumerous companies were formed during this period and many banks came to the fore to handle the finances relating to these tradesith numerous of these registered under the British companies Act, the Stock Exchange, Mumbai, came into existence in 1875t was an unincorporated body of stockbrokers, which started doing business in the city under a banyan treeusiness was essentially confined to organization owners and brokers, with fairly little interest evinced by the general publichere had been much fluctuation in the stock business as a result of the American war and the battles in Europeir Premchand Roychand remained a kingpin for several yearsir Phiroze Jeejeebhoy was another who dominated the stock market scene from 1946 t ... [Read More - No 1 Lottery Software 2012]
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