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NSE's new boss Vikram Limaye has to focus on restoring the 25-year-old exchanges reputation as a top-notch bourse.
Bulls are still betting on the PM, but the stock market rally could fizzle out if the BJP-led government doesnt deliver on its promises.
Total value of shares pledged by promoters of BSE 500 companies rises sharply in the April-June quarter.
As SEBI fast-tracks its probe into NSE's high-frequency trading, Indias biggest stock exchange could face penalties, loss of revenue and loss of trust.
Stock markets are close to all-time highs on the back of Assembly election results. Further gains look unlikely.
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