Amidst the record rally of the stock market, the number of investors is also increasing at a record pace. In the last 2 years, more than 3 crore new investors have come into the market. At the same time, 1 crore new investors have joined in the last 5 months alone.
The figure reached 9 crores
According to an ET report, the number of unique investors registered on NSE has increased in the last 5 months. A lot of progress is being seen in the last few years. About two years ago, the number of investors was only around 6 crores, which has now increased to 9 crores. This shows that the participation of retail investors in the domestic stock market is continuously increasing. It took about 9 months to go from Rs 6 crore to Rs 7 crore. After that, next one crore new investors came in just 8 months. That means, in the next 8 months, the number of stock market investors increased from 7 crore to 8 crore. After that, it took only 5 months for the number of investors registered on NSE to increase from 8 crore to 9 crore.
Investors are increasing due to these reasons
The report states that The total number of client codes registered on NSE is 16.9 crore. The investor base of the stock exchange has increased by more than 3 times in the last five years. Due to rapid digitalization, increasing awareness among investors, financial inclusion and excellent performance of the stock market, more and more investors are getting attracted towards the market.
New records are being created every day
Talking about the domestic market, both the major indices BSE Sensex and NSE Nifty are continuously making records. Even today BSE Sensex and NSE Nifty50 have reached new record high levels. Nifty 50 has gained about 30 per cent so far this year alone, while the Nifty 500 index has registered a rise of about 40 per cent.
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