AI analytics, technological upgrades to drive retail investor experience in new Samvat: NSE CEO Ashishkumar Chauhan
The NSE has maintained nanosecond-level response times over the past year, securing its position as the fastest exchange globally
India's macroeconomic expansion remains robust, with growth projected at over 7 percent to bolster equity markets as the new Samvat year commences, according to Ashishkumar Chauhan, Managing Director and CEO of the National Stock Exchange (NSE). At a media briefing, Chauhan unveiled significant technological upgrades aimed at enhancing the experience of India's expanding retail investor base.
During Diwali celebrations, Chauhan announced enhancements to the mobile app and website, including advanced portfolio management, screening tools, and analytics capabilities. As of now, the exchange manages between 20 to 27 crore accounts and approximately 13.7 to 31.7 crore unique customers. Chauhan underscored the NSE's world-class technological prowess, maintaining nanosecond-level response times over the past year.
The exchange is leveraging artificial intelligence to deliver more sophisticated analytics, richer information, and enhanced insights for retail participants. Additionally, the NSE is partnering with brokers to mitigate cybersecurity risks, online financial scams, and deepfake videos. Despite volatile crude oil prices and inflows of foreign institutional investors (FIIs), Chauhan expressed confidence in India's fiscal discipline and economic resilience.
India imports around 85 percent of its crude oil, but the country is adept at managing fiscal deficits while benefiting from a massive domestic savings base. As crude prices stabilize and the Rupee strengthens, Chauhan anticipates a resurgence in foreign institutional interest. In terms of retail trading trends, there is a growing inclination towards responsible investing, with market participants favoring defined-risk strategies in derivatives over speculative, unhedged trading.
Chauhan advises investors to maintain a long-term perspective (5 to 10 years) and recommends mutual funds and professional advisors for those unable to monitor markets daily. The CEO emphasized the critical role of financial inclusion, particularly in expanding access beyond Tier-1 cities, with mobile connectivity bringing investors from smaller towns in Punjab, Gujarat, and Maharashtra into formal capital markets through joint educational efforts with state governments and institutions.
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