Question
Download Solution PDFWhere is Dalal Street located?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Mumbai.
Important Points Dalal Street is a street in downtown Mumbai, India, that houses the Bombay Stock Exchange (BSE), the largest stock exchange in India, and other reputable financial institutions.
- It received the name Dalal Street after the Bombay Stock Exchange moved there in 1874 and became the first stock exchange recognized by the Indian government.
- The literal translation of Dalal in Marathi is a broker or intermediary.
- Today, Dalal Street is a metonym for the entire Indian financial sector, much like Wall Street is in the United States.
Last updated on Jun 6, 2025
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