Microsoft outage didn’t impact BSE, NSE, how much do they spend on IT compared to global peers?

India’s stock exchanges, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) remained completely unaffected by the CrowdStrike cybersecurity update that shut down systems equipped with Microsoft Windows globally. This was unlike their global peers like the London Stock Exchange which was impacted by the outage.

How much do Indian stock exchanges and regulators spend on IT?
The NSE spends ₹570 crore on IT costs, according to a report by Business Today, which adds that this is extremely modest compared to the London Stock Exchange Group (LSEG), which spends ₹6,556 crore, NASDAQ, which spends ₹1,949 crore, and the The Hong Kong Exchange (HKEX), with the highest figure of ₹6,807 crore.