The National Stock Exchange of India (NSE) has become the world’s largest derivatives exchange for the fifth consecutive year, ranking third globally in the equity segment. The year saw significant milestones, including the market capitalization of listed companies surpassing USD 4 trillion, SME listed companies surpassing Rs 1,00,000 crore, and the Nifty 50 index reaching 20,000 index levels for the first time. The number of unique registered investors on the exchange also surpassed 8.5 crores.
NSE experienced year-on-year growth in the number of clients traded for the 10th consecutive year from 2014 to 2023. The equity segment experienced record high turnover on single days, with the equity derivatives to cash market turnover ratio marginally declining from 2.86 in 2022 to 2.64 in 2023. The NSE also launched the Social Stock Exchange to facilitate social enterprises (NPOs and FPE) to showcase their work and mobilize funds through issuance of instruments like Zero Coupon Zero Principal Bonds.
NSE’s Chief Business Development Officer, Shri Sriram Krishnan, praised the position as the largest derivatives exchange and third in the equity segment, highlighting its global capital market ecosystem’s potential to attract new investors and fund flows.