The batle of bourses: NSE shook Dalal Street, beat BSE's broker club
NSE is in focus.
· ET Stocks, Economic Times Markets
The NSE listed its own shares on the BSE on Thursday, 34 years after its incorporation, marking an ironic milestone for the exchange created to challenge the BSE’s dominance. The story of NSE began with Manohar J. Pherwani, who proposed a national, computerised exchange after the 1991 economic reforms.
Why it matters
- With NSE, BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.