Breaking Milestone: NSE’s Registered Investor Base Soars Beyond 10 Crore – A Triumph for Indian Markets!
The National Stock Exchange (NSE) has reached a significant milestone, with its registered investor base surpassing the 10-crore mark for the first time. Achieving this feat has taken over 25 years since reaching 4 crores in March 2021. However, the pace of growth has accelerated, with each additional crore being added every 6 to 7 months on average, with the latest crore added in just over five months, according to an NSE release.
Daily new unique investor registrations have ranged between 50,000 and 78,000, contributing to a threefold increase in the investor base over the last five years. This growth has been fueled by rapid digitization, heightened investor awareness, improved financial inclusion, and robust market performance.
The median age of these 10-crore registered investors is now approximately 32 years, down from 38 years five years ago. Notably, 40 percent of the investors are under the age of 30, and more than 20 percent are female, indicating a younger, more diverse investor base.
Geographically, North India leads with 42 percent of registrations, followed by West India (25 percent), South India (18 percent), and East India (14 percent). Uttar Pradesh and Maharashtra are the top states for new investor registrations, together accounting for over a quarter of the total.
This milestone highlights the NSE’s success in expanding its reach and fostering a dynamic, inclusive investor environment.
Original Story https://www.newsonair.gov.in/nses-registered-investor-base-surpasses-10-crore-milestone-for-the-first-time/
Category : Business
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