As the Nifty50 index in the Indian stock market reaches new heights, National Stock Exchange of India (NSE) CEO Ashish Chauhan shared an image of a Nifty ETF advertisement at a South Korean railway station, highlighting the growing global investor interest in Indian markets. While many praised the increased international attention, some netizens questioned when NSE would be listed on the stock exchange, drawing comparisons to the surge in rival stock exchange BSE s shares over the past year.
Within a month of shifting the expiration day and also offering competitive options pricing, the exchange saw its market share in the F&O segment almost double. From less than 1%, BSE s derivatives market share has jumped to 14% in the last 6 months, led by new product launches.
Apart from trading revenue, the revenue from operations was also supported by other revenue lines which include clearing services, listing services, index services, data services and colocation services.
Foreign investor net cash flows however remain negative on a year-to-date basis with the foreigners having disposed of stocks worth $113.2 million so far in 2023.