National Stock Exchange of India (NSE) is developing a comprehensive, mobile-first framework that could bring investors' trading data, portfolio information and analytics under a single platform, according to NSE Managing Director and CEO Ashishkumar Chauhan speaking to NDTV Profit. The proposed system will eventually combine multiple tools and data sources to provide investors with a consolidated view of their market activity. Under the framework, investors could potentially access their orders placed through different members, trades executed over the past several years and portfolio-related insights in one place. Speaking after the NSE share listing on Thursday, Chauhan said the exchange's recently launched data pages are only 'one small part' of a broader portfolio management framework that NSE is developing.
NSE plans to provide analytics that can help investors assess how their investments have performed and explore alternative scenarios, as outlined by Chauhan. The initiative is being designed primarily for mobile devices, reflecting the growing preference for accessing financial information through smartphones. According to Chauhan, the same data and screening capabilities currently available on NSE's platforms would eventually be made available seamlessly on mobile devices. Chauhan explained that the analytics will help investors understand alternative investment scenarios, asking questions like 'If you had bought something else, some sold something else, what would have happened? What market has done?'
According to Chauhan, NSE's data ecosystem could be used to provide deeper decision-making and analytical tools to its vast investor base. The exchange currently has access to data connected to around 27 crore accounts and 13 crore unique investors. The exchange is currently treating several of these initiatives as experiments, with the possibility of expanding features that gain traction among users.
Chauhan revealed that the exchange's actual revenue performance had been better than what had been expected, as reported by NDTV Profit. NSE shares were listed on the BSE at ₹1,800 apiece on Thursday, representing a premium of 0.84% to the issue price of ₹1,785 per share. However, the stock closed 0.94% higher than the opening price and 1.79% above the issue price, indicating strong investor confidence in the platform's development initiatives.
