CONNECT WITH US
AI & Deeptech

AI & Deeptech

AI analytics, technological upgrades to drive retail investor experience in new Samvat: NSE CEO Ashishkumar Chauhan

IndiaTimes (ET) - AI logo

Published on

Add as a preferred source on Google
AI analytics, technological upgrades to drive retail investor experience in new Samvat: NSE CEO Ashishkumar Chauhan

Business News Tech AI AI analytics, technological upgrades to drive retail investor experience in new Samvat: NSE CEO Ashishkumar Chauhan

AI analytics, technological upgrades to drive retail investor experience in new Samvat: NSE CEO Ashishkumar Chauhan

Highlighting the exchange's digital initiatives, Chauhan announced major technological upgrades aimed at improving the experience of the country's growing retail investor base.

India's macroeconomic expansion remains on a solid footing, with a growth rate of over 7 per cent expected to support equity markets as the new Samvat year begins, Ashishkumar Chauhan, Managing Director and CEO of the National Stock Exchange ( NSE ), said while addressing the media at the NSE on Sunday. Highlighting the exchange's digital initiatives , Chauhan announced major technological upgrades aimed at improving the experience of the country's growing retail investor base. "Today, during the Diwali celebrations, we announced major new features across our mobile app and website, including enhancements to our portfolio management framework, screening tools, and analytics," Chauhan said, adding that "currently, we service around 20 to 27 crore accounts and approximately 13.7 to 31.7 crore unique customers through various channels and brokers."

Emphasising the exchange's technological capabilities, Chauhan said the NSE had maintained nanosecond-level response times over the past year, securing its position as the fastest exchange globally. "More importantly, we are deploying advanced AI to provide retail participants with better analytics, richer information, and enhanced insights," he said, adding that the NSE was also collaborating with brokers to address cybersecurity risks, online financial scams and deepfake videos.


Source link
Related Topics:AI & Deeptech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.