Saturday, September 17, 2011

BSE Responds NSE: Plans Listing of NASDAQ 100

After National Stock Exchange listed the Dow Jones Industrial (DJIA) and S&P 500 on its platform last week, the Bombay Stock Exchange (BSE) is all set to respond by listing the US-based Nasdaq 100 index.

The Nasdaq index does not contain financial companies, which differentiates it from the Dow. The Nasdaq 100 was launched in January 1985 on the US-based Nasdaq exchange platform, that was promoting itself in the shadow of the New York Stock Exchange. 
The application is awaiting approval from SEBI which is expected to come out very soon.

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