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Nifty ETF ad in South Korean railway station captures NSE CEO's attention

Motilal Oswal, the CEO of Motilal Oswal group, said that India is now a favoured investment destination on the global stage.

December 06, 2023 / 11:34 IST
The NIFTY ETF advertisement captured at a South Korean railway station. (Image: @ashishchauhan/X)

Ashish Chauhan, the CEO of the National Stock Exchange of India (NSE), recently shared an eye-catching photograph on Twitter that underscores India's expanding economic influence across the world. The image, taken at a South Korean railway station, showcased an advertisement for the Nifty ETF, capturing the attention of a global audience.

"Can you believe this? Nifty ETF being advertised at South Korean railway station," Chauhan wrote.

The tweet, which garnered 1.68 lakh views, sparked a wave of positive responses from various quarters. Motilal Oswal, the co- Founder, MD and CEO of Motilal Oswal group, emphasized India's emergence as a favoured investment destination on the global stage. “India as a most favourite investment destination for the global investors,” he wrote.


One user exclaimed, "That is indeed phenomenal, @ashishchauhan - Kudos to @NSEIndia." Another echoed the sentiment, stating, "This is fantastic."

Another wrote: “India’s growing economic might and globally acknowledged soft power makes it a force to be reckoned with. NSE has gone places in the last couple of years. Full credit to Ashish ji.”

“India from nowhere is in eyes of investors globally in last 10 years. Kudos to you and team at NSE. All the best for more laurels to be brought to the country,” read another comment.

The Nifty ETF, or Exchange-Traded Fund, is a financial instrument designed to track the performance of the Nifty index. The Nifty index, often referred to as the Nifty 50, comprises 50 of the largest and most actively traded stocks on the NSE. Nifty ETFs provide investors with an opportunity to gain exposure to the entire basket of Nifty stocks in a single investment, offering diversification and liquidity.

The National Stock Exchange of India (NSE) stands as the premier stock exchange in the country, playing a pivotal role in shaping India's financial landscape. Established in 1992, the NSE is regulated by the Securities and Exchange Board of India (SEBI) and has a diverse range of financial instruments.

Moneycontrol News
first published: Dec 6, 2023 11:26 am

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