National Stock Exchange’s registered investor base crosses 50 million unique investors
The National Stock Exchange of India’s unique registered investor base crossed the 5 crore mark on Monday. According to NSE, while the journey from three crore registered investors to four crore took about 15 months, the next one crore registrations took less than seven months.
In addition, the total number of client codes registered with the exchange stood at 886 million.
“The journey from 4 crore unique investors to 5 crore unique investors took approximately 203 days, with North Indian states contributing 36 per cent to new investor registrations, followed by western India with 31 per cent, southern India states and eastern India states 20 per cent and 13 per cent of new investor registrations, respectively, NSE said in a statement.
“At the state level, Maharashtra contributed 17 per cent, followed by Uttar Pradesh at 10 per cent and Gujarat at 7 per cent. New investor registrations accounted for 71 per cent of the top 10 states.”
NSE also said that the increase in investor registration is largely driven by non-metro cities.
“Cities beyond the top 50 accounted for 57 per cent of new investor registrations, while cities beyond the top 100 contributed 43 per cent, indicating that the growing interest in equity markets is not limited to metros and is a few tiers. 1 city.”
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