NSE Cuts Trading Fees, Plans To Sell Tech Unit for Rs 1,000 Crore

Name: NSE Cuts Trading Fees, Plans To Sell Tech Unit for Rs 1,000 Crore
Uploaded: 2024-03-13T13:00:01+05:30
Duration: 1 min 43 s
Description: The National Stock Exchange (NSE) board has approved a 1% reduction in transaction charges for cash equity and equity derivatives starting April 1, 2024. Additionally, NSE revealed plans to exit non-core businesses, attracting interest from over 60 parties. NSEIT Limited, a wholly owned subsidiary, is selling its digital technology business to Investcorp for Rs 1,000 crores.

The National Stock Exchange (NSE) board has approved a 1% reduction in transaction charges for cash equity and equity derivatives starting April 1, 2024. Additionally, NSE revealed plans to exit non-core businesses, attracting interest from over 60 parties. NSEIT Limited, a wholly owned subsidiary, is selling its digital technology business to Investcorp for Rs 1,000 crores.

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Written By: Zee Business Video Team

Updated on: March 13, 2024, 01.00 PM IST