India’s Leading bourse National Stock Exchange (NSE), which helped transform the country's deep-rooted savings tradition into equity culture, has recorded over 50 lakh new investor registrations in the current fiscal, its chief Vikram Limaye said on Sunday.

Limaye said, this is equal to 62.5 percent of the total number of new investor registrations, at around 80 lakh, that were added last fiscal (2020-2021), he added. The NSE, which has been at the forefront of supporting the small organisations and retail investors, has witnessed over 50 lakh new investor registrations since April this year.

He also Said, Direct retail participation has strengthened significantly during the last few years which has been reflected in a sharp rise in new investors and an increase in individual investors' share in the overall market turnover. Limaye in his Independence Day address., "NSE's elaborate investor education programme in over 600 cities, significantly enhancing financial literacy pan India, thereby leading to improvement in retail participation, and the continued surge in equity markets, has led to NSE witnessing 1.70 crore investor registrations in the last two years." The average daily turnover in NSE's equity and equity derivative segments registered a growth of 70 percent and 32 percent, respectively in the last fiscal, triggered by increasing participation from the retail segment, he added.

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