Deprecated: Function is_staging_site is deprecated since version 3.3.0! Use in_safe_mode instead. in /home/u862694509/domains/sirwiznews.com/public_html/wp-includes/functions.php on line 6078
National Stock Exchange Sees Record Surge: Over 21 Lakh New Investors Join in December 2023 - SirWiz News
Deprecated: Function is_staging_site is deprecated since version 3.3.0! Use in_safe_mode instead. in /home/u862694509/domains/sirwiznews.com/public_html/wp-includes/functions.php on line 6078
Invest

In December, the number of new investors on the National Stock Exchange (NSE) increased significantly to 21.1 lakh, a 47% increase from the previous month. The robust returns in the Indian equities market have contributed to this growth, which is the greatest since May 2019.

All regions saw a rise in investor registrations, while West India had a startling 69% monthly increase, reaching 6.6 lakh registrations. After a 50% increase, 8.9 lakh registrations were made in North India. 31% more people registered in East India, at 2.5 lakh, while 21% more people registered in South India, at 3.2 lakh.

Maharashtra took the lead back in terms of states with 3 lakh registrations, ahead of Uttar Pradesh with 2.9 lakh. The number of registrations in Gujarat doubled from 1.1 lakh to 2.4 lakh, a noteworthy rise of 119%. Notable increases in new registrations were also observed in Rajasthan and Haryana. In the first three quarters of the fiscal year, 48.6% of all new registrations came from the top five states.

Overall: Record-High Number of Investors

By the end of December 2023, there were 8.5 crore registered investors overall. The Indian equities market’s impressive performance is credited with the spike in registrations, which represents the largest monthly gain since May 2019.

You can also join our Facebook Community 

You can also read about X

You can also check out our YouTube channel

One thought on “National Stock Exchange Sees Record Surge: Over 21 Lakh New Investors Join in December 2023”

Leave a Reply

Your email address will not be published. Required fields are marked *