NSE sees 6 % increase in active clients
Among the prominent cities & metros in India, Bangalore has recorded about 50% percent hike in trade value.
By ET Bureau |
MUMBAI: More and more investors from tier II and tier III cities starts investing directly in stock market as cities like Bangalore and Rajkot see more than 40% growth in trading, shows a data compiled by India’s’ leading bourse National Stock Exchange (NSE).
While NSE witnessed a 6% increase in active clients’ participations in 2015, majority of this additional participation has come from the western region of the country, said NSE in statement. Besides conventional places, data asssociated with some of the cities like Bangalore and Rajkot have shown significant growth.
Among the states in India, Gujarat tops the chart with the highest increase in active clients on a year on year basis in percentage terms. Some places in Gujarat like Rajkot has even recorded a 40% increase in numbers.
“We have constantly reached out to people across India, with an aim to bring more people into the formal financial system. Our attempts will also ensure faster financial inclusions’’ said Ravi Varanasi, head of business development, NSE.
The percentage increase in active participation is also reflected in average daily turnover in the cash market segment. In terms of volume NSE recorded a 9 % growth in average daily turnover in the retail segment alone. The all-inclusive (retail and others) average daily turnover in this segment was was Rs 17560 crores, as against Rs 15879 a year back. Majority of this volume has come from the retail segment.
Among the prominent cities & metros in India, Bangalore has recorded about 50% percent hike in trade value. In terms of absolute numbers, the state of Maharashtra has the highest number of active clients registered. Gujarat, West Bengal, Tamil Nadu and Karnataka are the other four states in the top five.
Active clients in the year 2015 remained around 46 lakhs in the cash market segment and all of them traded at least once in the exchange. Cash market segment facilitates trading in individual shares of listed companies. A client / investor can take delivery of company shares in their respective demat account and can stay invested without any time constraint.
NSE has conducted 1500 investor awareness programs in India in 2015- the highest ever in the history of the exchange.
While NSE witnessed a 6% increase in active clients’ participations in 2015, majority of this additional participation has come from the western region of the country, said NSE in statement. Besides conventional places, data asssociated with some of the cities like Bangalore and Rajkot have shown significant growth.
Among the states in India, Gujarat tops the chart with the highest increase in active clients on a year on year basis in percentage terms. Some places in Gujarat like Rajkot has even recorded a 40% increase in numbers.
“We have constantly reached out to people across India, with an aim to bring more people into the formal financial system. Our attempts will also ensure faster financial inclusions’’ said Ravi Varanasi, head of business development, NSE.
The percentage increase in active participation is also reflected in average daily turnover in the cash market segment. In terms of volume NSE recorded a 9 % growth in average daily turnover in the retail segment alone. The all-inclusive (retail and others) average daily turnover in this segment was was Rs 17560 crores, as against Rs 15879 a year back. Majority of this volume has come from the retail segment.
Among the prominent cities & metros in India, Bangalore has recorded about 50% percent hike in trade value. In terms of absolute numbers, the state of Maharashtra has the highest number of active clients registered. Gujarat, West Bengal, Tamil Nadu and Karnataka are the other four states in the top five.
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Active clients in the year 2015 remained around 46 lakhs in the cash market segment and all of them traded at least once in the exchange. Cash market segment facilitates trading in individual shares of listed companies. A client / investor can take delivery of company shares in their respective demat account and can stay invested without any time constraint.
NSE has conducted 1500 investor awareness programs in India in 2015- the highest ever in the history of the exchange.
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