Zee Media Bureau
Mumbai: Indian stock exchange NSE on Monday announced that its entire group company – India Index Services & Products Limited (IISL), will be rebranded, with a prefix NIFTY and some changes in names would also be made
NIFTY 50 options traded on NSE are the largest traded contract globally in equity index options category. In addition to NSE, NIFTY 50 derivatives are also traded on Singapore Exchange Ltd., Chicago Mercantile Exchange Inc. and Osaka Exchange Inc.
"While this is an important indication of the attractiveness of the Indian market, it is also a significant indication of the trust, faith and respect for the NIFTY brand name. It is only natural that the name NIFTY should be the natural choice and become the umbrella brand", said Ms Chitra Ramkrishna, MD and CEO, NSE.
