NEW DELHI: The National Stock Exchange (NSE) has seen more than 50 lakh registration of new investors in the current fiscal, CEO Vikram Limaye said on Sunday.
This is equal to 62.5% of the total number of new investor registration, around 80 lakh, added last fiscal (FY21), he added.
Retail participation directly has strengthened significantly over the past few years, which has been reflected in a sharp increase in new investors and an increase in individual investors in overall market change.
Limaye, in the address of the independence day, said “The complicated NSE investor education program in more than 600 cities, significantly increases Pan-Indian financial literacy, resulting in increased retail participation, and advanced surge in the equity market, has caused NSE’s testimony.
1.7 Crore Registration Investors in the past two years.
“The average daily turn of the Equity Derivative segment and NSE equity registered 70% and 32% growth, each in the last fiscal, was triggered by increasing the participation of the retail segment, he said.
“Young Indian demographics are their biggest assets, which can strengthen competitiveness and influence globally.
When India develops to become an independent country, we all need to strive to build the right environment and infrastructure that is conducive to long-term growth and development,” said Limaye.