Saturday , November 23 2024

Gujarat ranks third in terms of number of investors in the stock market, the highest among the commercial capitals of India.

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Registered Investors from Gujarat: In the last five years, the number of investors in the stock market has increased to record levels. After the Corona period, due to the rapid rise in the stock market one after the other, more and more people are coming out to invest. According to BSE data, there are currently 19.39 crore registered investors in the country. In which Gujarat is at third place with 1.80 crore investors. While Maharashtra leads with the highest number of 3.55 crore investors, Uttar Pradesh is at the second position with 2.16 crore investors.

Investment got a boost in the stock market

In the last one year, the number of registered investors in the country has increased by 33.37 percent. Ladakh is the state with least interest in the equity market. There are 2225 investors registered in Ladakh. The reason behind the attractive increase in the number of investors is the rapidly growing stock market and returns from IPOs. Apart from the main boards, SME IPOs have also been making money for investors by delivering attractive returns for the last two years.

State wise number of registered investors in crores

State number of investors
Maharashtra 3.55
Uttar Pradesh 2.16
Gujarat 1.8
Rajasthan 1.17
west bengal 1.1
Karnataka 1.03
Madhya Pradesh 1.01
Tamil Nadu 0.93
Delhi 0.87
Bihar 0.79
Andhra Pradesh 0.73
Haryana 0.65
Telangana 0.56
Punjab 0.48
Orissa 0.43
Assam 0.41
Kerala 0.43
Jharkhand 0.33
Chattisgarh 0.22
Uttarakhand 0.19
Himachal Pradesh 0.11
Jammu and Kashmir 0.97

Investment flow from other states also increased

There was a time before 1961 when Gujarat and Mumbai were among the areas with the highest investment in the stock market. The rest of the states were not interested in investing in the stock market because their occupation was agriculture. But with increasing financial market literacy, more and more especially youth are getting attracted towards equity market. Investors from Jammu and Kashmir, Himachal Pradesh, North-Eastern states are entering the equity market.

The number of investors doubled

India's investor base has now doubled to 28 states and 8 union territories, as reported by Finstox, known globally for its financial infographics. There are 86 lakh investors registered in Delhi state. Then there are 77 thousand investors in small union territories like Dadra-Nagar Haveli.

Rajasthan comes in fourth place and West Bengal comes in fifth place. Even in backward states like Chhattisgarh and Jharkhand, 22 lakh and 33 lakh investors are registered respectively. Which shows that awareness towards stock exchange has gradually increased in the minds of common people. Andaman and Nicobar Islands also have around 39 thousand investors while Jammu and Kashmir has 9.7 lakh people registered with BSE as regular investors.