Ashish Chauhan is the MD & CEO of the National Stock Exchange of India (NSE). A technocrat from IIT Bombay and IIM Calcutta, he was part of the founding team that built the NSE. He is credited with bringing several key innovations to India’s stock market. He also served as the MD and CEO of the Bombay Stock Exchange for 10 years.

In this edition of the ANI Podcast with Smita Prakash, he speaks about the much-awaited NSE IPO, how the exchange handles cyberattacks, and how the NSE powers India’s stock market. He advises investors to stay away from social media “tips,” shares his views on India’s options market, and discusses the future of de-dollarisation and India’s growing number of Free Trade Agreements (FTAs).

00:00 – Introduction

00:42 – What Does NSE Do?

06:35 – How NSE Earns Revenue

09:16 – How NSE Powers India’s Stock Market

15:18 – Regulations in Capital Markets

20:02 – NSE IPO Coming Soon?

27:56 – NSE Co-Location Scam

33:12 – 1992 Harshad Mehta Scam

39:23 – India’s Options Market

44:55 – NSE’s Investor Awareness Initiatives

47:29 – Why India Bans Prediction Markets

50:45 – How NSE Survives Cyberattacks

57:29 – Challenges as NSE MD

1:02:09 – Future of De-Dollarisation

1:06:55 – India’s FTAs

1:16:04 – Modinomics vs Manmohanomics

1:23:42 – NSE’s Vision for Viksit Bharat 2047