Hii Friend's,
One of my dearest friend tagged me with Five Pics Five Stories challenge and I was like ... How will I write it and on what topic as I write only on Stocks which are much easier than this !! Yes, it is hehe !!!
Anyway, So I thought let me write about what I know and Yup it clicked me, what could be more interesting than to write on the place where I work !!! Here is my Day 1 of my FPFS challenge
!! THE ICONIC BSE (PHIROZE JJ TOWER) !!
The
iconic Phiroze Jeejeebhoy Tower is in South Mumbai and houses Asia's oldest 140
year-old bourse BSE, also known as BOMBAY STOCK EXCHANGE. It's a 29 storey
tower with area space of around 3,50,000 sq. ft, accomodating 540 odd entities
mainly by brokers and financial institutions since 1980. BSE is located exactly in between Dalal Street, Hamam Street, and Bombay Samachar Marg. which gives
easy access to financial institutions with the stock exchange and so BSE, the building is not only important in commercial value but also a symbol of
financial capital. BSE is Asia's first & fastest Stock Exchange with a speed of 200 microseconds. BSE has more than 5,500 companies listed making it the world's No.1 exchange in terms of listed companies. The companies listed on BSE
commands a total market capitalization of US$ 1.69 Trillion as on 15 April 2015.
The exchange buliding was targeted by terrorists in 1993 when a
powerful car bomb exploded in the basement of BSE buliding claiming 50 lives, after that BSE was fortified with "Z" category security control
and half a dozen commandos are always stationed in the building premises
permanently.
This is the second entrance at east where a Five-foot tall bronze Bull Statue is erected since 2008, you have to get a security clearance, whereby you are issued a security pass. This entrance at the east is infamous due to superstitious beliefs from old-timers that it gave a big fall in markets with Harshad Mehta scam soon after these gates were opened.
The most interesting I feel is this particular spot, there is a Sugarcane juice center just in front of the Eastern gate with Bull Statue with a huge screen which plays live news from the Business channel. What's interesting is that during lunchtime lot of people gather there, some having cane juice and some having famous sandwiches of Paramesh or famous Dosa's from Jay Snacks and
they all would be talking only on stocks. You will hear people saying so and so stock will go up or down, some would be starring at the screen, some would be calling their brokers giving instructions for buy or sell. This particular place becomes more evident when there's a fall in the market, all kinds of emotions from traders to professionals, even the security commandos are not spared they too enjoy the sites....after all this is for money honey !!!
A GLIMPSE FROM HISTORY !!
A GLIMPSE FROM HISTORY !!
This was my first attempt, hope that you all like it.. do share your views and comment on it.. Have a wonderful day Ahead :)
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I have been tagged by my dear friend, Shweta to take part in Five photos Five stories Challenge (FPFS) which is- Post a picture for 5 consecutive days and attach a post to it, fiction, poem, or short write-up. It can be anything to suit your taste. Thank you, Shweta for tagging me :)
This is different for me as I have never tried such as you all know I am a finance guy but as we say "There's always the First Time" so here it is...I am tagging my blogger friend Namrata Kumari on Day One and as a part of the challenge, I will tag a new person on Day Two.
I am absolutely delighted to tag you and see its such an amazing post, I never knew that the BSE building was also known as the Phiroze Jeejeebhoy tower and the food stalls well I can relate most of them working there must be gujjus and so the food fascination, I definitely want to try street food :) A nice historic picture too. am glad you wrote this, waiting for more :) kudos!
ReplyDeleteHii Shweta
DeleteAll thanks to u
bcoz of u I thought of writing
thanks for your inspiration
pls do read my second day post
wishing you a beautiful day ahead
Keep smiling :)
Wow! Very interesting post Bhavik. Specially the part that says about the superstitious belief about the eastern entrance after the Harshad Mehta scam. I never knew that. I loved the old picture too. Cheers!! :)
ReplyDeleteHii
DeleteDipanwita
Thanks for ur visit
one more superstition was when the 5ft bronze bull was erected and just in 10 days markets crashed like anything and India saw 7 yr long bear mkt .. :)
There are many old timers who have many such interesting tales to say...one such I hv also mentioned on my blog just click the stock market stories tag and read how dhirubhai made bse close.
Thanks
and do visit again
regards
bhavikk shah
wow waiting to see BSE when i come t mumbai
ReplyDeleteVenkat
Hi Venkat
Deletealways welcome and
Y just BSE pls do visit gateway of india which just 15 min away from bse and many more such historic places..
just be sure that you can not take pictures of bse building ( u need to take special permission to click) and no parking is allowed around 10meters of building for security reasons
Thanks
Do visit again
Regards
Bhavikk Shah
Great post, Bhavikk. I had no idea of the history of the building. Thanks for sharing.
ReplyDeleteHello kiran maam
DeleteThanks for visting my blog
and yes bse itself is an iconic building but the security checks sometimes is troublesome :)
Wishing you a wonderful day ahead
Regards
BHAVIKK SHAH
You work in a historic place, Bhavikk. I always wish to see it in real. People like me just get to see your office building in news channels. :D
ReplyDeleteThank you so much for tagging me. I will be up with my post very soon. :) :)
Hii Namrata
Deleteyes it is one of the historic buildings in Mumbai and barring some issues the Street food is awesome ..aand yes its highly hygienic I guarantee u
do give a visit when u come to mumbai
thanks for accepting the fdfp challenge
keep smiling
regards
bhavikk shah
You've done a tremendous job of writing a very readable and informative post. Keep it up!
ReplyDeleteHello Uppal Maam
DeleteThanks for your visit and thanks a ton for ur kind words for me..this was my first attempt .. hope u and all my readers like it
thanks pls do visit again
have a wonderful day ahead
regards
bhavikk shah
Wonderful article shah g good effort god bless you
ReplyDelete