INSUBCONTINENT EXCLUSIVE:
Illustration: Binay Sinha2 min read Last Updated : Oct 11 2024 | 10:54 PM IST
The number of active investors on the National Stock
Exchange (NSE) have jumped 44 per cent over the past one year to 47.9 million at the end of September 2024
The surge in active clients is underpinned by the rally in the markets, with the Nifty 50, Nifty Midcap 100, and the Nifty Smallcap 100
indices gaining over 25 per cent each
Broking industry officials said an upward trending market encourages more investors to actively trade in the market
A break up of brokerage-wise clients shows investors increasingly preferring new-age discount brokerages to traditional full-scale ones
Erstwhile, market leader Zerodha has seen its market share slip from 19.4 per cent a year ago to 16.6 per cent
Therefore, the total active clients are about half of the unique investors registered with the NSE and also a fraction of the total 175
million demat accounts in the country
