NSE witnessed about 25% increase in active investors numbers
The eastern part of India which comprises West Bengal, Orissa, Bihar Jharkhand and the tiny territory of Andaman and Nicober, have together witnessed about 20% spurt in number of people who are actively trading in the last one year. India has around 2.5 cr registered clients across exchanges.
Preliminary data suggests that West Bengal has added the highest number of clients in the eastern region - since the current national government took over. Among the 5 states here (including the UT of A & N Island), Orissa has grown at the fastest rate (percentage growth of year of year on year active client trading).
On a pan India basis, the financial capital of India - Mumbai continues to dominate. The state of Maharastra has the highest number of active traders / retail investors in India. Total no of people traded in the last one year has surged by about 25% on the NSE platform, while Gujarat has witnessed the highest jump of more than 50% in value terms. Other traditional bases for such trades like Kolkata, Delhi etc also continuing to grow. Cash market is the segment where people buy and sell shares primarily with a long term vision on listed companies.
During the period the equity market overall has remained bullish. Nifty which is the benchmark index for the nation has given more than 25% return to investors, - since the time the current government started at the centre. The benchmark index even reached a pick level 9119.2 during the period. This has taken the Cash market turnover to a new high of about Rs 18000 cr a day.
Apart from market movements, the retail growth in the cash market was also fuelled by the fact that 12 IPOs were launched during the period. Several offer for sell from companies like Coal India, REC & SAIL have seen good responses from the retail segment.
The retail interests were also seen growing in the stock associated with the midcap segment. On an average the CNX Midcap which tracks performance of midcap companies has outperformed the main index – NIFTY. Among the sectorial indices CNX Pharma performed the best followed by the Auto Index. However indices covering sectors like energy, metal and realty are in red.
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