stock market investors
The last few months have not been good for stock market investors. The market is still falling, causing huge losses to investors. However, it does not seem to have any impact on new investors. The number of investors investing money in the stock market is continuously increasing. 1 crore new investors have joined NSE in the last 5 months. That means 20 lakh new investors have come into the market every month. The National Stock Exchange (NSE) said on Wednesday that the number of its registered investors has crossed 11 crore. In this, the last 10000000 registrations have taken place in just 5 months. This explains the increasing participation of investors in the stock market through direct channels. With this the total number of client codes (accounts) registered in the exchange has reached 21 crore. This includes all the registrations done till date.
3.6 times jump in 5 years
Investor registrations at NSE have witnessed a significant growth in recent times and have jumped 3.6 times in the last five years. It took 14 years for NSE to reach one crore investors since it began operations in 1994. After this the pace increased. It took almost seven years for the next one crore registrations, then 3.5 years for the next one crore and then a little over a year to add the fourth crore. The growth rate has increased significantly since then, NSE said in a statement. Every additional one crore investors are joining in about six-seven months, while the last one crore investors are joining in just five months. This explains the change in enthusiasm and participation of investors directly investing in the stock market.
Indian market gave positive returns for 9 years
Last year, the benchmark index Nifty50 gave a return of 8.8 percent while the Nifty 500 index saw an impressive gain of 15.2 percent. Indian markets have been witnessing positive returns for the last nine years. NSE Chief Business Development Officer Sriram Krishnan said that the number of investors registered with NSE has crossed the 11 crore mark. This rapid growth, with over one crore new investors joining in just five months, reflects the growing confidence of the Indian public in the stock market as a reliable means of wealth creation.
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