Uttar Pradesh became the second state to cross 1 crore registered investors in the equity markets, as it continued to lead with the highest-ever monthly registrations.
The month of April saw an addition of 2.2 lakh investors in the state, bringing the total to 1.01 crore, thus becoming the second state to cross the eight-digit mark after Maharashtra, according to NSE’s Market Pulse report.
UP’s share in the Indian investor base has grown consistently, up fourfold since the pandemic, at nearly 11% of the country.
The two states together now make for 28% of the total investor base of the country.