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The National Stock Exchange (NSE) said in a report that both North India and South India recorded a robust 20 per cent growth in the number of investors in July.
With the growth in the number of investors due to increased financial education, the number of people investing in the stock market has increased exponentially in India. However, in some regions, the popularity of these investment instruments is more than the others. The National Stock Exchange (NSE) has published a report that shows the growth of retail investors in India's major regions.
NSE revealed that North India has more investors in the stock market than any other region in the country. As of July of this year, this region has over 4.3 crore registered investors.
The National Stock Exchange (NSE) also said that the growth in the number of investors in the region was 20 per cent year-on-year. Howdid other regions perform?
It said the number of investors in West India was 3.5 crore, South India was 2.4 crore, and East India was 1.4 crore.
"North and South India posted over 20 per cent growth in investor numbers," it added.
11.8 crore people have invested in the National Stock Exchange by July of this year. In July, NSE added 15.1 lakh new investors, a rise of 19 per cent.
The report also pointed out that the total count of unique trading accounts crossed 23 crore in July. This figure captures all client registrations, as investors often register with multiple trading members. Despite a moderation in growth compared with last year, the recent trend has been encouraging.
This financial year, the average addition of investors is an impressive 12.4 lakh. The number was affected by hostility in the market because of rising geopolitical tensions and the tariff war.