Business · Companies · 1 day ago

NSE plans AI tools and upgrades to improve retail investor services

NSE plans AI tools and upgrades to improve retail investor services

At Diwali celebrations in India, NSE chief Ashishkumar Chauhan announced new digital tools for the country’s growing retail investor base.

The National Stock Exchange plans upgrades to its app and website, including improved portfolio features, screening tools and analytics.

The exchange is deploying AI to offer richer insights to retail investors and is working with brokers on cybersecurity risks, scams and deepfakes.

Chauhan said India’s economy is expected to grow by more than 7 per cent, which he expects to support equity markets as the new Samvat year begins.

He also said cooling crude prices and a steadier rupee could help bring back foreign investors, after outflows and volatility.

NSE urged investors to favour long-term investing over short-term speculation and unmanaged derivatives, and suggested mutual funds or professional advisers for people unable to follow markets daily.

The exchange is also working with state governments and institutions to bring financial education and market access to smaller towns.

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What people are saying

Ashishkumar ChauhanNSE managing director and CEO
More importantly, we are deploying advanced AI to provide retail participants with better analytics, richer information, and enhanced insights
via Hindu BusinessLine
Our core advice to all investors is to stay invested for the long term (5 to 10 years) rather than engaging in short-term speculation, intraday tips, or unmanaged derivative trading
via Hindu BusinessLine