The US-based Nasdaq stock market, which specializes in technology stocks, has opened its first branch in India.

The new Nasdaq office is in the southern city of Bangalore, the country's information technology hub.

The vice chairman of Nasdaq, Alfred Berkley, said it would open a window for Indian companies to access global funds.

It's the fourth Nasdaq office outside the United States, after London, Tokyo and Brazil.

From the newsroom of the BBC World Service