The National Stock Exchange has seen a three-fold increase in investors over the past five years, reaching nine crore registered investors in just five months. Markets have reached new heights, with the Nifty 50 surpassing 20,000, 21,000, and 22,000 milestones and the country's market capitalisation crossing $4 trillion. While Maharashtra has the highest number of unique registered investors, newcomers from Uttar Pradesh and Maharashtra account for more than a quarter of all new additions. Additionally, indirect participation has also increased significantly, with 1.6 crore new SIP accounts opened between October 2023 and January 2024, reflecting the growing interest in the stock markets.
Surge in Indian Equity Market Participation: NSE Investor Base Triples in Five Years
The National Stock Exchange (NSE) of India has witnessed an unprecedented surge in investor participation, with the number of registered investors crossing nine crores in a mere five months. This threefold increase has been driven by a combination of factors, including rising financial literacy, technological advancements, and bullish market performance.
The Nifty 50 index, a benchmark for Indian equity markets, has scaled new heights, surpassing the 22,000 milestone and pushing the country's market capitalization above $4 trillion. This surge in market valuations has attracted both seasoned investors and newcomers alike.
Maharashtra has emerged as the state with the highest number of unique registered investors, while Uttar Pradesh and Gujarat have contributed significantly to the growth in new investor additions. Indirect participation has also witnessed a surge, with over 1.6 crore new SIP (Systematic Investment Plan) accounts opened between October 2023 and January 2024.
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