Скачать или смотреть NSDL IPO: Can it catch up with CDSL? | The Daily Brief

In today's episode of The Daily Brief, we cover 2 major stories shaping the Indian economy and global markets:

1. CDSL vs NSDL — Who’s Winning the Depository Battle?
India's two depositories — CDSL and NSDL — are at the heart of the capital markets, quietly powering every stock trade. While NSDL has older, high-value clients, CDSL has raced ahead on the back of a retail investing boom. With NSDL planning an IPO, this story dives into who’s really ahead and what the future might hold for this crucial financial infrastructure.

2. Market Coupling Is Coming for India’s Power Exchanges
India is set to unify electricity prices across its three power exchanges through a process called “market coupling,” starting January 2026. This reform could improve efficiency and price discovery, but might also disrupt the dominance of market leader IEX. The video explains what market coupling is, why it's happening now, and who gains or loses from it.


Timestamps:
00:00 Intro
00:30 CDSL vs NSDL: Who’s winning?
12:18 One Nation, One Power Price?
22:53 Tidbits


Get smarter every day with our daily newsletter. Subscribe here: https://thedailybrief.zerodha.com/

Checkout The Chatter here: https://thechatterbyzerodha.substack....

Check out our latest newsletter "Aftermarket Report" here: https://aftermarketreport.substack.com/

Every day, each team member shares something they've learned, not limited to finance. It's our way of trying to be a little less dumb every day. Check it out here: https://onethingwelearned.today/

Listen to this episode on your preferred podcast platform:

Spotify: https://open.spotify.com/show/2SJiLdv...

Apple Podcasts: https://podcasts.apple.com/in/podcast...

Watch this episode in Kannada on @marketsbyzerodhakannada :    • What NSDL’s IPO reveals about the Market |...  

Disclaimer: Some image(s) may have been created using Al, no copyright infringement is intended.

Note: This content is for informational purposes only. None of the stocks, brands or products mentioned are recommendations or endorsements.