The National Stock Exchange (NSE) on Wednesday said its unique registered investors have crossed the 11 crore mark, with the latest one crore addition taking place in just five months, reflecting investor participation in the stock market through direct means.
Investor registrations at the NSE have experienced a remarkable acceleration in recent times, with a 3.6 times jump in the last five years.
It took 14 years since the NSE's commencement of operations in 1994 to reach one crore investors. The pace then quickened, with the next 1 crore registrations taking about seven years, followed by another 3.5 years for the next crore and the subsequent milestone of adding the fourth crore took just over a year.
"The rate of growth has since quickened significantly, with each additional one crore investors being added in roughly six-seven months, while the last one crore investors were added in just over five months, reflecting a shift in investor enthusiasm and participation in the stock market through direct means," NSE said in a statement.
In the last five months, daily new unique investor registrations have consistently ranged between 47,000 and 73,000. This growth has been driven by several key factors, including the rapid advancement of digitisation, heightened investor awareness, financial inclusion efforts, and strong market performance.
In 2024, the Nifty 50 index delivered a return of 8.8 per cent while the Nifty 500 index saw an impressive 15.2 per cent gain. Indian markets have had positive returns for the past nine consecutive years.