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BSE And NSE: From Fierce Rivals To Each Other's Wedding Guests?

BSE And NSE: From Fierce Rivals To Each Other's Wedding Guests?

For years, investors have watched the battle between NSE and BSE like a classic market rivalry. Discussions revolved around market share, trading volumes, derivatives dominance, valuations and who would ultimately emerge stronger.
Then came an unexpected twist.
BSE is now set to enter the Nifty 50.
And if NSE eventually gets listed, there is a reasonable possibility that it could one day qualify for inclusion in the Sensex.
Two rivals competing for the same girl...

Only to discover that one ends up attending the other's wedding as part of the entourage.
What started as a battle for dominance may eventually result in India's two largest stock exchanges becoming constituents of each other's flagship indices.
In market terms, that would be one of the most ironic outcomes in Indian capital market history.
Sometimes the stock market writes better comedy than any scriptwriter.

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