MUMBAI: The number of total unique trading accounts on the National Stock Exchange of India (NSE) surpassed the 23-crore milestone in just about three months after crossing the 22-crore mark in April this year, the stock exchange said on Wednesday.
Meanwhile, the number of unique registered investors stands at 11.8 crore as of July 28.
“This momentum reflects the deepening trust in India’s capital markets and the resilience of investor sentiment amid global economic uncertainty, " said Sriram Krishnan, Chief Business Development Officer, NSE.
The expansion has been powered by rapid digitalisation and the widespread uptake of mobile-based trading solutions, which have significantly lowered entry barriers for investors, particularly across smaller cities and semi-urban centres, he added.
In terms of regional distribution, Maharashtra continues to lead with nearly 4 crore accounts or 17 per cent share, followed by Uttar Pradesh (2.5 crore, 11 per cent share), Gujarat (over 2 crore, with 9 per cent share), and West Bengal and Rajasthan (each with over 1.3 crore, 6 per cent share), the exchange said.
Collectively, these five states account for nearly half of all investor accounts, while the top 10 states contribute close to three-fourths of the total.