The National Stock Exchange (NSE) has unveiled two sets of sculptures showing a bull and six human figures.
The sculptures at the bourse were inaugurated by Maharashtra Governor C.P. Radhakrishnan on Friday evening.
Governor C.P Radhakrishnan inaugurated the newly installed Statue of NSE Bull at the headquarters of National Stock Exchange at BKC Mumbai.
— Governor of Maharashtra (@maha_governor) September 6, 2024
The Governor also unveiled a Coffee Table Book @NSEIndia 'The Journey of Enabling 1.4 Billion Dreams' and rang the ceremonial Bell. pic.twitter.com/trEkSiFhS5
One set of the sculptures in placed inside the building while the other is outside the bourse in Bandra-Kurla Complex, Mumbai, where the general public can pose with the sculptures.
What is the meaning of NSE bull?
The new bull at NSE building is a life-sized Indian bull, known as saand, unlike the Big Bull at the BSE (now in GIFT City, Gujarat).
The human figures show an Indian family, representing citizens of the country.
The statues were designed by Ram Sutar, who designed the Statue of Unity in Gujarat.
Dalal Street's Big Bull
The 1,000 kg Big Bull bronze sculpture was designed by Solapur sculptor Bhagwan Rampure. The 1.5 metre tall and 2.4 metre long figure was installed at the Bombay Stock Exchange on January 11, 2008. However, it was moved to GIFT City in Gandhinagar in 2017 after the Mumbai municipal body BMC asked the BSE to remove the statue as it allegedly caused inconvenience to the public.
Wall Street's Charging Bull
The 3,200 kg bronze sculpture of a Chargin Bull on Broadway in located outside the New York Stock Exchange, symbolising the US stock market. Created by Italian artict Arturo Di Modica, it represents financial optimism in the equity markets.
