India NSE Reports 8 Percent Rise in Fourth Quarter Profit

India's National Stock Exchange reported a profit of 28.71 billion rupees for the fourth quarter. Total income rose 22 percent on strong derivative volumes.

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The National Stock Exchange of India (NSE) reported an 8% rise in fourth-quarter profit to 28.71 billion rupees ($301.62 million). The growth follows a surge in equity derivatives trading volumes during the period ending March 31. Higher trading activity continues to solidify the exchange's position as a primary gateway for capital flows into India.

Derivatives Volume Drives Revenue Growth

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