The New York Stock Exchange (NYSE), located on Wall Street in New York City, is the world's largest stock exchange by total listed company market capitalisation — hosting over 2,400 companies with a combined market cap exceeding USD 25 trillion. Founded in 1792, the NYSE operates as an auction market with designated market makers (DMMs) who maintain fair and orderly markets in assigned securities. Regular trading hours are 9:30 AM to 4:00 PM Eastern Time, Monday to Friday. For Indian investors, NYSE is relevant because several major global companies — including many that do business significantly in India — are listed there. Indian companies can also list on NYSE through American Depositary Receipts (ADRs) — HDFC Bank, Infosys, Wipro, and Dr. Reddy's Laboratories are among the Indian companies with NYSE-listed ADRs. Movement in NYSE and S&P 500 index levels have a significant influence on the opening direction of Indian equity markets the following morning.
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