NSE CEO Explains Things That Changed In Indian Stock Markets Since The Harshad Mehta Scam

NSE CEO Ashish Chauhan listed 4 seminal moments in the Indian market:

1. The launch of an NSE terminal outside Mumbai -- the first one being in Coimbatore where trade happened in seconds. "Mumbai was still the financial capital but it was democratised in one single swoop," said Chauhan.
2. A depository system for share certificates
3. Setting up of clearing corporations
4. Starting of derivatives

Volatility in trade will increase with the faster pace of newsflow accompanied by the faster changes in technology, said NSE CEO Ashish Chauhan.

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