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NASDAQ waves the Indian flag on Independence Day.

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Indian tricolor fluttered in the backup, as Neelam Deo, the country's consul general here rung the closing bell at the world's largest stock exchange NASDAQ, which celebrated India's 62nd Independence Day.
This was the first time that a consul general has rung the closing bell at the stock market in a prestigious ceremony, which marks the recognition of a fast growing Indian economy.
Outside the exchange, the huge electronic board, which overlooks the historic Times Square and displays quotations during the day was also lighted in saffron, white and green colors, with the words "India Independence Day".
With approximately 3,200 companies, NASDAQ lists more companies and has more trading volume per day than any other stock exchanges in the world.
It lists six Indian companies with a combined market cap of almost USD 35 billion. These include Ex1Service, Rediff.com, Sify Technologies, Syntel Inc, Cognizant Technology Solutions and Infosys Technologies.
Infosys and Cognizant are members of the NASDAQ 100 Index, which is one of the most prestigious and widely followed indices in the world.
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  1. Pradeep KumarAugust 20, 2008 at 8:18 AM

    At last India's presence in world's economic market is felt..

    cheers...:)

    ReplyDelete

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