NSE Ranks 3rd Globally in Equity Market for 5th Consecutive Year: Achieves Record Turnover and Market Capitalization

2024-01-22 13:19:19

For the 5th year in a row, the National Stock Exchange Corporation has made a record of being ranked 3rd globally in the equity market ranking list. NSE Group’s National Stock Exchange of India and NSE International Exchange have re-emerged as the world’s largest stock exchange group in the past year.

According to the statistics maintained by the World Exchange Federation, NSE ranks 3rd in the equity segment in terms of number of trades last year. The market capitalization of NSE-listed companies exceeds USD 4 trillion, while listed MSMEs worth Rs. 1,00,000 crore and the Nifty 50 index crossing the 20,000 index mark for the first time has been achieved by the NSE in the past year. And the number of investors in terms of individual registration on this exchange crossed 8.5 crore at the end of last year. NSE has seen year-on-year growth in the number of clients traded in its equity segment for the 10th consecutive year from 2014 to 2023.

On November 30, 2023 in the equity segment Rs. 167,942.47 crore and on December 2, 2023 in the equity derivative segment Rs. 381,623.12 crores was also the highest turnover in a single day by NSE. Equity derivatives money market turnover ratio has decreased from 2.86 in 2022 to 2.64 in 2023. The NSE Equities Division completed the transition to settlement of all securities on D+1 basis. In the primary market, the timeline for listing securities has been reduced to D+3 days. The NSE introduced the Community Stock Market as a segment this year. It helps social philanthropic organizations to scale up their work to improve the overall ecosystem by raising funds through schemes like Zero Coupon Zero Principal Bonds. 42 non-profit organizations have registered in this segment. In the commodity derivatives segment, the exchange has launched 21 new commodity derivatives contracts, including crude oil, natural gas, gold, silver and base metals.

Commenting on this, Sriram Krishnan, Chief Business Development Officer, NSE, said that ranking 3rd in the equity segment and being the largest derivatives exchange demonstrates the strong capabilities of the Indian capital market ecosystem on the global map. This will help in attracting new investors and help in financial development and capital formation for the Indian markets. I would like to take this opportunity to thank the Government of India, Securities and Exchange Board, Reserve Bank of India, trade members, investors and other stakeholders for their continued support.