What's Happening?
The National Stock Exchange of India (NSE) has entered the global top 10 list of exchanges for the first time, securing the ninth position in Brand Finance's 'Exchanges 10 2025' report. This achievement is attributed to NSE's strong performance in IPO fundraising, index-related business, and derivative markets. In 2025, NSE's brand value increased by 39% to USD 526 million, marking a significant milestone for India's leading stock exchange. The exchange's revenue grew by 25% year-on-year to Rs 14,780 crore (USD 1.78 billion), while net profit rose by 13% to Rs 8,306 crore (USD 1 billion). NSE's fundraising momentum was notable, with 91 large companies raising Rs 1.6 trillion (USD 19.3 billion) through IPOs in 2024, and total equity fundraising more than doubling to Rs 3.73 trillion (USD 44.9 billion).
Why It's Important?
NSE's inclusion in the global top 10 exchanges highlights India's expanding role in the global financial markets. This development reflects a broader shift in global financial gravity, with India gaining increasing influence in the financial ecosystem. The exchange's strong brand value growth and technological advancements underscore the growing relevance of India's capital markets, supported by rising investor participation and record IPO activities. This shift could lead to increased foreign investment and collaboration, further strengthening India's position in the global economy.
What's Next?
NSE's debut in the global top 10 is expected to attract more international attention and investment, potentially leading to further growth in India's financial markets. The exchange's focus on technology-driven services and innovation in products may continue to enhance its global standing. As India deepens its capital markets, stakeholders may anticipate more robust financial activities and opportunities for collaboration with international partners.
Beyond the Headlines
The rise of NSE in the global rankings may have deeper implications for the global financial landscape, indicating a shift towards emerging markets like India. This could lead to a reevaluation of investment strategies by global investors, who may increasingly look to India for growth opportunities. The technological backbone of NSE also highlights the importance of innovation in maintaining competitive advantage in the financial sector.
