BROWSE

Dalal Street

Definition

Dalal Street in downtown Mumbai, India is the address of the Bombay Stock Exchange and several related financial firms and institutions. When Bombay Stock Exchange was moved to this new location at the intersection of Bombay Samāchār Marg and Hammam Street, the street next to the building was renamed as Dalal Street. The Marathi word ' means "a broker", "a go-between". Similar to Wall Street in the New York City, it is often used as a metonym for the entire Indian financial establishment.

What is 'Dalal Street'

A term that refers to the Bombay Stock Exchange, the major stock exchange in India. The street is home not only the Bombay Stock Exchange but also a large number of other financial institutions.

Explaining 'Dalal Street'

The term "Dalal Street" is used in the same way as "Wall Street" in the U.S., referring to the country's major stock exchanges and overall financial system. These terms are often seen in the financial media.


Further Reading


Negotiating Global Finance: Trading on
www.tandfonline.com [PDF]
… On 24 July 2001, brokers from all over India took to the streets to protest the ban … Trading on Dalal Street, Mumbai … appeals to traditional stockbrokers is embedded in the local experience of living in an economically developing country, where economic underdevelopment – not …

Wizard of Finance: A Unique Board Game Created to Learn Nuances of Dalal Street.Wizard of Finance: A Unique Board Game Created to Learn Nuances of Dalal Street.
search.ebscohost.com [PDF]
… On 24 July 2001, brokers from all over India took to the streets to protest the ban … Trading on Dalal Street, Mumbai … appeals to traditional stockbrokers is embedded in the local experience of living in an economically developing country, where economic underdevelopment – not …

Swings at Dalal Street: The Impact of Corporatization of BSESwings at Dalal Street: The Impact of Corporatization of BSE
www.indianjournals.com [PDF]
… On 24 July 2001, brokers from all over India took to the streets to protest the ban … Trading on Dalal Street, Mumbai … appeals to traditional stockbrokers is embedded in the local experience of living in an economically developing country, where economic underdevelopment – not …



Q&A About Dalal Street


Where can you find Dalal Street?

You can find it in Mumbai, India.

What are some other financial institutions located on Dalal Street?

There are a large number of other financial institutions located on Dalal Street.

What does the term "Dalal" mean in Hindi and Urdu languages?

The term means broker or agent. In Urdu, it also means an intermediary who arranges deals between buyers and sellers for a commission or fee. In Hindi, it means someone who makes arrangements for others to do business with each other.

What is Dalal Street?

Dalal Street is the Bombay Stock Exchange.

How is "Dalal" pronounced?

It's pronounced "dah-lahl".