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Despite the volatility, 35 lakh new investors joined the stock market in November, claims NSE report
NSE Report: Maharashtra continues to top the country in terms of investors in the stock market with the highest number of registered investors. There are about 1.8 crore investors in the state. However, if we talk about the total investor base, the share of Maharashtra has come down from about 20 percent in FY 2015 to 16.5 percent in November 2024. Let's know about this in detail.
According to a report by the National Stock Exchange (NSE), amid the ongoing volatility in the stock markets, more than 35 lakh new investors joined the stock markets in November. This surge has taken the total number of investors to 10.85 crore at the end of November, as against 10.5 crore in October.
The report said, "The figures have increased due to increasing interest of people in the markets. The number of unique investors has increased to 9 crore in February, 10 crore in August, and currently 10.85 crore. The number of accounts of these investors through trading (UCC) is about 21 crore."
NSE reported last month that the total number of registered investors crossed the 10 crore mark in August and has increased to 10.5 crore by October 2024. After crossing the 10 crore (100 million) mark in August, the total number of registered investors in October 2024 was 10.5 crore.
