Surge in Stock Market Investors Witnessed in Bihar, Uttar Pradesh, and Madhya Pradesh

Surge in Stock Market Investors Witnessed in Bihar, Uttar Pradesh, and Madhya Pradesh

VoM News Desk | December 28, 2023 | 12:04 AM IST | Breaking News | Follow on Google News

Surge in Stock Market Investors Witnessed in Bihar, Uttar Pradesh, and Madhya Pradesh /

Surge in Stock Market Investors Witnessed in Bihar, Uttar Pradesh, and Madhya Pradesh

A significant paradigm shift is underway in India’s investment landscape, notably in Bihar, Uttar Pradesh (UP), and Madhya Pradesh (MP), witnessing a substantial surge in new stock market investors. According to the National Stock Exchange (NSE), Bihar leads with an impressive 36.6% growth, closely followed by UP at 33.8% and MP at 28.9%.

Investment Growth Trends Across States
While Maharashtra maintains its pivotal position as the state with the largest investor base, boasting over 14.8 million registered investors and marking a 16.9% rise, Gujarat, Karnataka, Tamil Nadu, and West Bengal also exhibit considerable numbers of registered investors. The northeastern states, traditionally with smaller investor bases, are experiencing remarkable growth, with Mizoram, Nagaland, and Tripura surging at rates of 54.9%, 54%, and 41.3%, respectively.

Overall Investor Landscape in India
India’s total registered investors have crossed the 84.9 million mark as of December 25, representing a substantial 22.4% surge from the previous year. This increase is largely attributed to the widespread accessibility of online trading platforms, extending their reach beyond metropolitan areas. Additionally, the dissemination of financial knowledge through social media platforms like YouTube has played a significant role in fostering this upward trend.

VoM News Desk

VoM News is an online web portal in jammu Kashmir offers regional, National & global news.