23.1 C
Surat
Monday, February 10, 2025
23.1 C
Surat
Monday, February 10, 2025

Guj tops India with highest 50% of its investors active in market

Ahmedabad: Gujarat has emerged as India’s top state for equity market participation in 2024, according to NSE data. Nearly half of the state’s registered investors actively traded in the market, outpacing Maharashtra (40%) and Uttar Pradesh (32%). The state also witnessed a staggering jump in individual investors’ turnover in the cash market, surging from Rs 3.2 lakh crore in 2014 to Rs 23.5 lakh crore in 2024.
Ahmedabad-based investors alone recorded trades worth Rs 7.9 lakh crore in 2024, making it the third-highest district in India. Surat also made it to the top 10, securing the eighth spot in terms of individual investors’ turnover.
Maharashtra has the highest 1.79 crore registered investors but only 71.1 lakh (39.7%) were active in 2024. In Gujarat, however, 47.9 lakh (49.48%) of the 96.8 lakh registered investors remained active on the markets. Uttar Pradesh has 1.23 crore registered investors out of which 39.9 lakh (32.43%) were active.





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