National stock exchange (NSE), the leading stock exchange in India, completed 30 years on November 3. NSE started its operations in equity segment on Diwali day, 30 years ago on November 3, 1994. Since its launch, NSE has revolutionised India’s capital markets by introducing electronic trading and promoting fairness, efficiency and transparency.
HistoryTV18, on November 3, premiered an exclusive, hour-long documentary that offered an unprecedented look into NSE's extraordinary journey over the past 30 years, titled - NSE: Enabling a Billion Dreams. The documentary provides detailed exploration of the NSE's evolution from its inception in 1992, start of operations in 1994 to becoming one of the largest and most influential stock exchanges in the world.
NSE was incorporated on November 27, 1992. It started operations for debt segment in June 1994 and in equity segment on Diwali day on November 3, 1994.
Ashishkumar Chauhan, MD & CEO of NSE, said they wanted to create a completely automated exchange in India. "The stock markets have reached the entire India, largely on the basis of technology and transparency but more importantly because of the trust," he added.
People sitting in the remotest part of the country are now investing in stock market, Chauhan further said. "If you take India's total pin codes , probably less than 30 pin codes don't have any investor staying there but most of them are actually airports, where nobody stays even otherwise," Chauhan added.
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NSE is also the largest derivatives exchange by the number of contracts traded and 3rd largest globally in cash market trades.
"In these 30 years, NSE has more than fulfilled its vision of creating a vibrant and growth-oriented stock market ecosystem to channelise savings of Indian households into productive capital in the most cost-effective, fair, efficient, transparent and orderly ways and help in wealth creation and job creation," Chauhan said.
NSE recently, in October, crossed a significant milestone as the total number of client codes at the exchange (accounts) surpassed 20 crore. "This is an impressive growth in eight months, having been 16.9 crore just eight months earlier," said NSE in a statement.
The exchange posted a 51 percent year-on-year jump in consolidated revenue from operations to Rs 4,510 crore in the April-June quarter of the current fiscal year FY25.
HistoryTV18's documentary highlighted NSE's innovative strides in transforming India’s capital markets, showcasing how the exchange introduced electronic trading, brought transparency, and democratised market access, reshaping the nation’s economic trajectory.
Apart from Chauhan, the documentary offers perspective from industry stalwarts like Uday Kotak, Raamdeo Agrawal of Motilal Oswal Financial Services, former SEBI Chairman U.K. Sinha, and former NSE and RBI board member Y.H. Malegam. Other contributors include Ghazal and Varun Alagh, S. Ramadorai, Vineet Nayar, and seasoned journalists Lata Venkatesh and Shereen Bhan. The documentary also include academic experts like Dr. Tadashi Endo and market experts like Deven Choksey.
Watch the full documentary here -
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