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The battle of bourses: NSE shook Dalal Street, beat BSE's broker club

Economic Times MarketsThursday, 24 September 2026

The NSE listed its own shares on the BSE on Thursday, 34 years after its incorporation, marking an ironic milestone for the exchange created to challenge the BSE’s dominance. The story of NSE began with Manohar J. Pherwani, who proposed a national, computerised exchange after the 1991 economic reforms.

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