The UK-based consultancy firm attributed the ranking to the exchange’s robust performance in IPO fundraising, index-related business, and derivative markets.
In 2025, NSE’s brand value climbed 39% to USD 526 million, marking a major milestone for India’s leading stock exchange. This rise reflects an increase in revenue projections, a booming IPO market, and strong derivatives performance. In FY2023–24, the exchange’s revenue grew 25% YoY to Rs 14,780 crore (USD 1.78 billion), while net profit rose 13% to Rs 8,306 crore (USD 1 billion).
NSE’s fundraising momentum also played a significant role. With 91 large companies raising Rs 1.6 trillion (USD 19.3 billion) through IPOs in 2024 and total equity fundraising more than doubling to Rs 3.73 trillion (USD 44.9 billion), the exchange has demonstrated the growing global stature of India’s capital markets.
Ranked as the seventh strongest exchange brand globally, NSE also received a Brand Strength Index (BSI) score of 78.1/100 and an AA+ brand strength rating. Brand Finance highlighted that this score reflects high levels of familiarity, trust, and positive stakeholder sentiment.
NSE’s inclusion in the top 10 further cements India’s expanding role in global financial markets. Among Asian exchanges, only three—including NSE—made the list, underlining India’s increasing influence in the global financial ecosystem.“NSE’s debut in the global top 10 signals more than just impressive brand value growth. It reflects a broader shift in global financial gravity. NSE’s standout quality is the technology backbone that it offers and various tech-driven services that investors can avail to ensure safe and quick transactions. India’s deepening capital markets, supported by rising investor participation, record IPO activities, and innovation in products, are gaining global relevance,” said Ajimon Francis, Managing Director of Brand Finance India.
Global Insights
Nasdaq tops brand value list: Nasdaq has become the world’s most valuable exchange brand for the first time, overtaking CME, with a 33% growth in brand value to USD 3.1 billion.HKEX leads in brand strength: The Hong Kong Stock Exchange (HKEX) was rated the world’s strongest exchange brand with a BSI score of 89.1/100 and a AAA rating.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
