NSE vs BSE: How the two stock exchanges fared on financial parameters in FY25

Jul 05, 2025, 02:05:45 PM IST

The comparison underscores NSE’s clear leadership over BSE across all major financial and operational indicators. This outperformance isn’t merely cyclical—it stems from inherent structural strengths that position NSE as a more robust and scalable enterprise. While BSE holds historical importance, NSE consistently outperforms in both financial metrics and market positioning, making it a fundamentally stronger and more strategically sound investment backed by sustained structural advantages.

ETMarkets.com

Although BSE, established in 1875, is Asia’s oldest stock exchange, it is NSE—founded in 1992—that has come to dominate India’s markets. NSE’s early move to fully electronic trading, superior infrastructure, and strategic focus on derivatives gave it a significant edge. Its ability to deliver faster execution, deeper liquidity, and robust risk management attracted both institutional and retail participants. In contrast, BSE fell behind on the technology front and was unable to develop a competitive derivatives platform, allowing NSE to lead decisively in terms of trading volumes and market share. (Data report PL Capital Wealth Management)

TIL Creatives

With a PE ratio of 46.02 compared to BSE’s 74, NSE offers better earnings value while BSE appears overvalued.

ETMarkets.com

NSE commands a commanding 94% share of the current market, leaving BSE with only 6%. This significant disparity highlights NSE’s dominant position, driven by its broader product offerings, superior technology, and stronger appeal to both institutional and retail investors, while BSE struggles to maintain relevance in a highly competitive landscape.

ANI