Leading stock exchange NSE on Thursday said the number of new investor registrations reached 1 crore mark on its platform in the last eight months, taking the total to over 8 crore.
These new investor registrations are not restricted to top-tier cities and cities beyond top 100 accounted for 45 per cent of new investor registrations, the National Stock Exchange (NSE) said in a statement.
“The eight crore unique PAN investors correspond approximately to around 5 crore unique households in India amounting to around 17 per cent households directly investing in the Indian stock market via the NSE’s extensive nationwide network of trading members,” it said.
Total number of unique client code accounts registered with the exchange was at 14.9 crore — clients could register with more than one trading member and included all registrations done to date.
In terms of regions, states from northern part of India accounted for 43 per cent
towards the last 1 crore new investor registrations, …
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