India's investor base has surged past the 10-crore mark as of Aug. 8 according to the Market Pulse report by the National Stock Exchange.
Uttar Pradesh has emerged as a standout performer, surpassing Gujarat in investor growth, with a remarkable 53% year-on-year increase in new registrations. The state reported 3.3 lakh new investors in July alone, marking a 5% month-on-month rise and further solidifying its position as a key player in India's investment landscape.
Meanwhile, Gujarat, having a substantial investor base, saw a comparatively slower growth. While the overall increase in new registrations saw a notable rise of 8% month-on-month and 54% year-on-year. Uttar Pradesh's exceptional performance highlights its pivotal role in driving investment across the country.
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