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.