Team Apex Arbitrage from the National Institute of Securities Markets (NISM) participated in Finalytics, an online national-level finance and strategy competition conducted from 19-23 February2026 as part of Pragyan 2026, the techno-managerial festival of the National Institute of Technology (NIT) Tiruchirappalli. The competition witnessed participation from 587 teams across India, reflecting its national scale and competitive rigor.

The NISM team comprised students of the PGDM (SM) 2025–27 batch, namely Arnav Zambre, Atharv Agrawal, Devesh Tripathi, and Sahil Mutha.

The competition commenced with an online finance quiz designed to assess participants’ capabilities in data interpretation and financial fundamentals. Based on their performance in this round, the team successfully advanced to the top 30 teams at the national level.

In the final round, participants were required to evaluate the financial viability of the Chennai–Madurai High-Speed Rail Corridor. The team developed a comprehensive financial framework encompassing demand forecasting, cost estimation, viability gap assessment, equity Internal Rate of Return (IRR) analysis, and a multi-source funding strategy. The final submission included a professionally structured presentation along with a recorded video explanation effectively communicating their financial analysis and recommendations.

Demonstrating strong competencies in financial modelling, infrastructure finance and data-driven decision-making, Team Apex Arbitrage secured the Second Runner-Up position on 4 March 2026 bringing national-level recognition to the institution.