Buoyant stock market takes India’s unique investor base past 50 million | Business Standard News

The country’s investor count has crossed 50 million, the country’s top bourse National Stock Exchange accounts in the country.

While the journey from 30 million registered investors to 40 million took about 15 months, the next 10 million investor registrations took less than seven months.

NSE said northern states have accounted for 36 per cent of new investor registrations, followed by western India with 31 per cent.

At the state level, Maharashtra accounts for the highest investors 17 per cent followed by Uttar Pradesh with 10 per cent and Gujarat with 7 per cent of new investor registrations.

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world.

…Read the full story