Smt Nirmala
Sitharaman Hon’ble Minister of Finance and Corporate Affairs rings Closing
Bell at NSE to celebrate 25 years of democratizing Capital Market in India
NSE announces
November 3rd to be observed as ‘Retail Investor Day’
Mumbai / Chennai, November 5, 2019:
History is being created today
at the National Stock Exchange of India Limited (NSE) Bandra-Kurla Complex
headquarters in Mumbai, even as Hon’ble Minister of Finance and Corporate
Affairs Smt. Nirmala Sitharaman, Hon Sebi Chairman Shri Ajay Tyagi, NSE MD
& CEO Shri Vikram Limaye and leading dignitaries from India Inc, gathered
to commemorate the completion of 25 years of electronic trading of equity, which commenced on
Thursday, November 3, 1994. Twenty Five years ago, NSE, world’s first
demutualized stock exchange, created a milestone in the history of stock
exchanges by establishing widespread national reach for the exchange.
On this auspicious occasion, NSE had
organized Closing Bell Ringing ceremony, with Smt Nirmala Sitharaman along with
Shri Ajay Tyagi and Shri Vikram Limaye doing the honors of Bell Ringing
ceremony, signifying the celebration of 25 years of democratizing Capital Markets in India
which has witnessed and achieved high success, offering access to electronic
trading of equity asset class to the retail audience in the remotest parts in
the country.
Speaking on the occasion, Smt. Nirmala
Sitharaman, Hon’ble Minister for Finance and Corporate Affairs said, “I
congratulate NSE for completing 25 years of revolutionizing the Indian Capital
Markets. The exchange then pioneered a critical role in the development of Indian
Capital Markets by launching electronic trading 25 years ago, and now will have
an equally important role to play for realizing the national dream of $ 5
trillion economy.”
Shri Ajay Tyagi, Chairman, SEBI said:
“I congratulate NSE on this momentous occasion of 25 years of electronic
trading of equities. I wish NSE all the success and hope that NSE would
continue to play a leading role in the growth of capital markets in the
country.”
Shri Vikram Limaye, MD & CEO, NSE
said, “NSE has been instrumental in democratising the capital market by
launching a unified national market. The exchange provided a platform for
improving financial well-being of people and easy access to Capital for all
stakeholders. It has also built robust market infrastructure helping Indian
markets to be recognized globally. NSE will continue to expand and enlarge the market
participant base with its initiatives supporting Indian economy to scale new
heights’’.
Amongst those who participated at the historic
occasion were Industry leaders, Bankers, Mutual Fund CEOs and CIOs,
Intermediaries, Investors and Professionals from Finance sector.
To commemorate the Silver Jubilee
celebrations of Electronic Trading of Equity, NSE also announced that here on
November 3 would be celebrated as the Retail Investor Day. The Retail
Investor Day would be in alignment with NSE’s stated agenda and vision for financial
inclusion which has resulted in one of the largest investor education and
literacy programs in the country.
Starting from schools and colleges to
programmes for investors, for women, special groups like police and armed
forces to senior citizens, NSE already covers over 500 districts and over 2500
programs every year.
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