NSE lists on BSE, marks new chapter for India’s capital markets
NSE Managing Director and CEO Ashishkumar Chauhan described the listing as a significant milestone for the institution and India’s capital markets
On Thursday, the National Stock Exchange (NSE) completed its public listing on the Bombay Stock Exchange (BSE), marking a significant milestone for India's capital markets. NSE's Managing Director and CEO, Ashishkumar Chauhan, described the listing as a landmark moment for the institution and the country's financial landscape. Chauhan emphasized that the exchange represents the aspirations of India's future and highlighted its role in transforming the nation's capital markets over 35 years in the industry.
Following the listing, the number of NSE investors increased from 2 lakh to 36 lakh. NSE Chairperson, Srinivas Injeti, stated that the public listing marked a new chapter for the exchange while its core responsibilities remained unchanged. Injeti stressed that the exchange's mandate is to transform India's capital markets and emphasized the importance of inherent value over market cap.
BSE CEO Sundararaman Ramamurthy called NSE's listing a "dream come true" and described it as a "great honour" for BSE to host the ceremony, given their two decades of collaboration.
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