The National Stock Exchange (NSE) has made its first appearance on Brand Finance’s “Top 10 Exchanges 2025” list, coming in at number nine. This is a big step forward for India’s financial environment. The Indian exchange was also named the fastest-growing brand on the list, with its brand worth rising by 39% this year to $526 million.
There are a number of reasons for this outstanding growth, including good projected revenue, a rise in derivatives trading, great performance in index-related activity, and a record-breaking year for Initial Public Offerings (IPOs). The NSE made Rs 14,780 crore in revenue in the fiscal year 2023-24, which was a 25% rise from the previous year. Their net profit also climbed by 13% to Rs 8,306 crore. The exchange was a key part of India’s booming IPO market, where 91 big companies raised Rs 1.6 lakh crore and overall equity fundraising more than doubled to Rs 3.73 lakh crore.
Brand Finance’s research also talked about how strong the NSE’s brand is. It gave the NSE a Brand Strength Index (BSI) score of 78.1 out of 100 and an AA+ brand strength rating, making it the seventh strongest exchange brand in the world.
Ajimon Francis, Managing Director of Brand Finance India, said that the NSE’s move into the top 10 reflects “a broader shift in global financial gravity.” He lauded the exchange’s technology-driven services that make transactions safe and quick. He said, “India’s capital markets are becoming more relevant around the world as more investors get involved, IPOs reach record levels, and new products are developed.”
The survey also said that Nasdaq was the world’s most valuable exchange brand for the first time. This was a change at the top of the rankings. Nasdaq’s brand worth went up by 33% to $3.1 billion, which was more than CME’s and made it the most valuable brand. The Hong Kong Stock Exchange (HKEX) was chosen the best exchange brand in the world.
The NSE’s amazing rise shows how India’s economy and capital markets are becoming more important on the world stage.

