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NSE became popular because it allowed trades to trade in the options and futures market before the BSE
NSE was the first trading platform to introduce F&O Segment, which made NSE more popular when compared to BSE.
NSE is Largest stock exchange in India in terms of daily turnover and number of trades.
NSE has national reach to major market segments like equity or capital markets, futures and options or derivatives market, wholesale debt market, mutual funds, initial public offerings and so on.
BSE is the oldest stock exchange in India.
NSE is the first exchange which introduce F&O and Online trading facilities. High Liquidity and overall turnover makes NSE more popular.
NSE adapted to technology faster and allowed online trading possible which broker the hurdle of having to be in a certain place to trade.
Along with this NSE also replaced the settlement from the traditional paper based system to the electronic system which ensured faster settlements.
There was a paradigm shift in the broking industry when NSE set up the NSDL (Depository) which allowed investors to hold stocks electronically. This step was a big leap in the Indian Financial markets which was used to the paper based settlement of equities which resulted in substantial problems such as delays, bad delivery etc
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