Bhubaneswar Stock Exchange
Odisha-based equity traders should prioritize utilizing national exchanges like NSE and BSE, which currently handle 93% of India’s cash market volume. The Bhubaneswar Stock Exchange (BhSE), established in 1989, suspended trading in 2015 after failing to meet SEBI’s ₹100 crore net worth mandate for regional exchanges, with its equity turnover shrinking to ₹2.3 crore annually by 2014.
Allocate 40-50% of portfolios to Odisha-centric sectors showing robust growth: aluminum production (up 14% YoY in Q1 2024), steel exports via Paradip Port (17.2 million tons shipped in 2023), and renewable energy projects (4.1 GW solar capacity under development). Companies like NALCO and TPWL Odisha offer direct exposure to these trends.
Register with SEBI-approved brokers offering localized research on Emerging Odisha 2030 infrastructure initiatives, including the ₹7,200 crore Bhubaneswar Metro and smart city expansions. Six Odisha-based SMEs have migrated to NSE’s EMERGE platform since 2022, averaging 68% post-listing returns.
Monitor SEBI’s monthly Investor Risk Reduction Access reports for liquidity patterns in regional securities. Only 28 listed BhSE companies remain active on other exchanges; verify ISIN codes through CDSL’s portal to avoid legacy stock traps. Brokerage fees for Odisha investors now average 0.03% on NSE trades, comparable to Mumbai-based accounts.