What is Dalal Street?
Dalal Street is slang for the Bombay Stock Exchange.
How Does Dalal Street Work?
India's Bombay Stock Exchange is located on Dalal Street, as are many financial institutions. Similar to the term 'Wall Street,' 'Dalal Street' refers not just to a physical location but to an entire industry.
Why Does Dalal Street Matter?
Like any other industry, the finance world has its own slang and colorful language.