The National Stock Exchange (NSE) is highlighted as the modern, technology-driven platform that led to the decline of older exchanges like CSE due to its superior features and liquidity.
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Why the Calcutta Stock Exchange Failed | The Rise of NSE Explained | CSE Story
Jul 26, 2026
This video explains the historical rise and fall of the Calcutta Stock Exchange (CSE), which was once a major financial hub in India. It details how the CSE, established in 1908, thrived due to Kolkata's industrial importance but eventually declined with the advent of the technology-driven National Stock Exchange (NSE) in 1994. The lack of liquidity and failure to modernize led to the cessation of regular equity trading by 2013. A recent proposal by the West Bengal government to revive the CSE by June 2026 is discussed, highlighting the significant challenges involved, such as regulatory approvals, technological infrastructure, and attracting brokers and investors.
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