Where are the stock market investors coming from? Here are the top states, cities
In recent years, there has been a significant increase in the number of stock market investors in the northeastern states, as well as cities such as Indore, Jaipur, Hyderabad, Rajkot, and Pune.
At a time when the equity benchmark indices – Sensex and Nifty – are registering new highs almost on a daily basis, the equity investment cult is also on the rise in the country with newer states and cities reporting a robust growth in the number of investors entering the stock markets
At a time when the equity benchmark indices – Sensex and Nifty – are registering new highs almost on a daily basis, the equity investment cult is also on the rise in the country with newer states and cities reporting a robust growth in the number of investors entering the stock markets.
Data from BSE and NSE shows that while traditional hotspots like Mumbai and Ahmedabad with states like Maharashtra, Uttar Pradesh, Gujarat and Rajasthan still account for the highest number of investors, the last few years have seen the north eastern states along with cities like Indore, Jaipur, Hyderabad, Rajkot and Pune, among others, reporting a healthy growth in the number of stock market investors.
Data from BSE shows that states and union territories like Ladakh (370.57 percent), Mizoram (81.10 percent), Arunachal Pradesh (62.19 percent), Lakshadweep (61.78 percent), Tripura (56.10 percent), Jammu & Kashmir (53.79 percent), Nagaland (52.95 percent), Andaman & Nicobar (49.51 percent) and Bihar (49.41 percent) reported the highest growth in the number of new investors added in the last one year.
