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Dalal Street (), () is the metonym for the financial markets of India, the Indian financial services industry of the country as a whole, or the actual financial district itself. It is located in the financial centre of Fort in Mumbai and is the address of the Bombay Stock Exchange and several other major financial institutions of the world. The Marathi language word means "a broker", "a go-between".
In 2008, there was a proposal to rename the street after Nagarmal Saraf, a broker who worked at the BSE for 25 years.
In 1957, the BSE became the first Indian stock exchange to receive permanent recognition from the Government of India under the Securities Contracts (Regulation) Act, 1956.
In the late 1970s, the BSE initiated the construction of a new 29-storey building. Completed in 1980 and designed by architect Chandrakant Patel, the building was named Phiroze Jeejeebhoy Towers after a former BSE chairman. It remains the BSE’s headquarters.
The Securities and Exchange Board of India (SEBI), established in 1988 and granted statutory powers in 1992, also operates from its main office in Mumbai. Numerous financial institutions and brokerage firms have established offices in the vicinity of Dalal Street, aligning with its status as a central location for Indian capital markets.
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