@opendocsg/pdf2md vs pdf-parse

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# Quarterly Report 

Revenue grew 12% year over year. 

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Quarterly Report
Revenue grew 12% year over year.

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# Financial Summary 

Region Q1 Q2 Q3 North 120 145 160 South 98 102 115 East 210 198 225 

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Financial Summary
Region Q1 Q2 Q3
North 120 145 160
South 98 102 115
East 210 198 225

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# Q3 Results by Region 

Region Manager Q1 Q2 Q3 Notes North Alice Chen 120 145 160 strong South 98 102 115 East Bob Lee 210 198 225 recovering West Dana 88 99 pending 

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Q3 Results by Region
Region Manager Q1 Q2 Q3 Notes
North Alice Chen 120 145 160 strong
South 98 102 115
East Bob Lee 210 198 225 recovering
West Dana 88 99 pending

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# On Reading Order 

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On Reading Order
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# Divisional Results 

## Coastal Division 

Region Q1 Q2 Q3 North 44 17 63 South 17 63 44 East 63 44 17 

## Inland Division 

Region Q1 Q2 Q3 North 17 44 44 South 63 17 17 East 44 63 63 

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Divisional Results
Coastal Division
Region Q1 Q2 Q3
North 44 17 63
South 17 63 44
East 63 44 17
Inland Division
Region Q1 Q2 Q3
North 17 44 44
South 63 17 17
East 44 63 63

Samples: 1452.0 ms

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September 2026 | Vol. 8, Issue 9 

### Market Pulse 

#### Volume 8, Issue 9 

This publication is issued monthly by the 

Economic Policy and Research (EPR) department 

of the National Stock Exchange of India Limited. It 

is a review of major developments in the economy 

and financial markets and market statistics for the 

month gone by, insights from cited academic 

research papers and topical research articles. 

**Authors** 

_Tirthankar Patnaik, PhD_ 

_Prerna Singhvi, CFA_ 

_Prosenjit Pal_ 

_Ashiana Salian_ 

_Sushant Hede_ 

_Stuti Bakshi_ 

_Puja Parmar, PhD_ 

_Aratrik Chakraborty_ 

_Sahil Bagdi_ 

_Anuska Mukherjee_ 

_Anoushka Singh_ 

Past editions of Market Pulse can be accessed at 

**https://www.nseindia.com/research/publications-reports-nse-** 

**market-pulse** 

##### NATIONAL STOCK EXCHANGE OF INDIA 

##### LIMITED 


<!-- PAGE_BREAK -->
September 2026 | Vol. 8, Issue 9 

## Market Pulse 

 Published by Economic Policy and Research, National Stock Exchange of India Ltd. Copyright © 2026 by National Stock Exchange of India Ltd. (NSE) Exchange Plaza, Bandra Kurla Complex Bandra (East), Mumbai 400 051 INDIA 

 Any/all Intellectual Property rights in this report including without limitation any/all contents/information/data forming a part of this report shall at all times vest with NSE. No part of this report may be sold/distributed/licensed/produced/transmitted in any form or manner by any means (including without limitation - electronic, mechanical, photocopying, recording or otherwise) to any person/entity whatsoever without the prior written permission of NSE. Extracts from this report may be used or cited provided that NSE is duly notified and acknowledged as the source of such extract. 

 This report is intended solely for information purposes. This report is under no circumstances intended to be used or considered as financial or investment advice, a recommendation or an offer to sell, or a solicitation of any offer to buy any securities or other form of financial asset. The Report has been prepared on best effort basis, relying upon information obtained from various sources. NSE does not guarantee the completeness, accuracy and/or timeliness of this report neither does NSE guarantee the accuracy or projections of future conditions from the use of this report or any information therein. In no event, NSE, or any of its officers, directors, employees, affiliates, or other agents are responsible for any loss or damage arising out of this report. All investments are subject to risks, which should be considered prior to making any investments. 


<!-- PAGE_BREAK -->
September 2026 | Vol. 8, Issue 9 

###### NSE at a glance 

**NSE’s positioning and reach** 

**NSE’s global positioning Domestic market share Reach** 

##### 1 

 Largest multi-asset class exchange 

##### 3 

 Third largest equity exchange by no. of trades (10.6% share in FY27TD* as per WFE) 

##### 1 

 Largest derivatives exchange by contracts traded (FY27TD* share: 50.2% in eq. F&O (WFE) 

##### 9 Market capitalization* 

 *Source: WFE (Data is as of July 2026) * Based on premium turnover ** As of August 31st, 2026 

 1,330 Trading members 99+% Pin codes covered 13.5 Crore Unique registered PANs 

 US$99.2bn* 

 Total passive AUM (domestic + global) tracking Nifty indices 

 US$5.14trn Market cap of listed entitles As of August 31st, 2026, unless specified otherwise; *As of July 31st, 2026. ^Represents the aggregate market value of all equity shares traded on NSE and units of Listed REITs and InvITs traded on NSE as on the last trading day of the relevant period/year 

**NSE’s contribution to the economy** 

**Catalyst for capital formation SME Listing snapshot**^ **Market capitalisation** 

 #Companies including AMCs and ITP listing as of August 2026 

 ^Represents the aggregate market value of all equity shares traded on NSE and units of Listed REITs and InvITs traded on NSE as on the last trading day of the rele

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Market Pulse
September 2026 | Vol. 8, Issue 9
1/327
Market Pulse
Volume 8, Issue 9
This publication is issued monthly by the
Economic Policy and Research (EPR) department
of the National Stock Exchange of India Limited. It
is a review of major developments in the economy
and financial markets and market statistics for the
month gone by, insights from cited academic
research papers and topical research articles.
Authors
Tirthankar Patnaik, PhD
Prerna Singhvi, CFA
Prosenjit Pal
Ashiana Salian
Sushant Hede
Stuti Bakshi
Puja Parmar, PhD
Aratrik Chakraborty
Sahil Bagdi
Anuska Mukherjee
Anoushka Singh
Past editions of Market Pulse can be accessed at
https://www.nseindia.com/research/publications-reports-nse-
market-pulse
NATIONAL STOCK EXCHANGE OF INDIA
LIMITED

<!-- Page 3 -->

Market Pulse
September 2026 | Vol. 8, Issue 9
2/327
Market Pulse
Published by Economic Policy and Research, National Stock Exchange of
India Ltd.
Copyright © 2026 by National Stock Exchange of India Ltd. (NSE)
Exchange Plaza, Bandra Kurla Complex
Bandra (East), Mumbai 400 051 INDIA
Any/all Intellectual Property rights in this report including without
limitation any/all contents/information/data forming a part of this report
shall at all times vest with NSE. No part of this report may be
sold/distributed/licensed/produced/transmitted in any form or manner by
any means (including without limitation - electronic, mechanical,
photocopying, recording or otherwise) to any person/entity whatsoever
without the prior written permission of NSE. Extracts from this report may
be used or cited provided that NSE is duly notified and acknowledged as
the source of such extract.
This report is intended solely for information purposes. This report is under
no circumstances intended to be used or considered as financial or
investment advice, a recommendation or an offer to sell, or a solicitation
of any offer to buy any securities or other form of financial asset. The
Report has been prepared on best effort basis, relying upon information
obtained from various sources. NSE does not guarantee the completeness,
accuracy and/or timeliness of this report neither does NSE guarantee the
accuracy or projections of future conditions from the use of this report or
any information therein. In no event, NSE, or any of its officers, directors,
employees, affiliates, or other agents are responsible for any loss or
damage arising out of this report. All investments are subject to risks,
which should be considered prior to making any investments.

<!-- Page 4 -->

Market Pulse
September 2026 | Vol. 8, Issue 9
3/327
NSE at a glance
NSE’s positioning and reach
NSE’s global positioning Domestic market share Reach
1 Largest multi-asset class
exchange
3
Third largest equity exchange
by no. of trades (10.6% share
in FY27TD* as per WFE)
1
Largest derivatives exchange by
contracts traded (FY27TD*
share: 50.2% in eq. F&O (WFE)
9 Market capitalization*
*Source: WFE (Data is as of July 2026) * Based on premium turnover
** As of August 31st, 2026
1,330 Trading members
99+% Pin codes covered
13.5 Crore Unique registered PANs
US$99.2bn*
Total passive AUM (domestic
+ global) tracking Nifty
indices
US$5.14trn Market cap of listed entitles
As of August 31st, 2026, unless specified otherwise; *As
of July 31st, 2026.
^Represents the aggregate market value of all equity
shares traded on NSE and units of Listed REITs and
InvITs traded on NSE as on the last trading day of the
relevant period/year
NSE’s contribution to the economy
Catalyst for capital formation SME Listing snapshot Market capitalisation
#Companies including AMCs and ITP listing as of
August 2026
^Represents the aggregate market value of all equity
shares traded on NSE and units of Listed REITs and
InvITs traded on NSE as on the last trading day of the
relevant period/year.
* Market cap to GDP is based on 3M avg. market cap
and nominal GDP for the last four quarters.
#Data for FY27TD is as o August 31st, 2026
Inv