Gujarat becomes third Indian state to cross 1 crore stock market investors
Gujarat has become the third state in the country to record more than one crore registered stock market investors, according to the latest data released by the National Stock Exchange (NSE).
In a statement, the NSE said that Gujarat has joined Maharashtra and Uttar Pradesh in crossing the one-crore mark in investor registrations. Together, these three states now account for 36 per cent of the total investor base in India.
As per NSE data, the total number of registered investors in the country stood at nearly 11.5 crore as of May 2025. The month of May alone witnessed the addition of over 11 lakh new investors, registering a 9 per cent month-on-month growth. This comes after four consecutive months of decline in new registrations.
Region-wise, North India leads with 4.2 crore investors, followed by West India with 3.5 crore. South India has 2.4 crore investors while East India accounts for 1.4 crore investors.
North and East India recorded the highest growth in the last one year, with investor numbers rising by 24 per cent and 23 per cent respectively. South India reported a growth of 22 per cent, while West India saw a 17 per cent increase during the same period.
The overall trend shows a change in momentum. India had crossed the 9-crore investor mark in February 2024 and added the next crore every five to six months, reaching 10 crore by August 2024 and 11 crore by January 2025.
However, from February to May 2025, the growth rate slowed down, with an average of 10.8 lakh new investors added per month, compared to the monthly average of 19.3 lakh new investors in the calendar year 2024.
