NSE Hits Milestone with Over 23 Crore Investor Accounts Amid Digital Surge
The National Stock Exchange of India (NSE) surpassed 23 crore investor trading accounts in July 2025. This achievement reflects increased participation, particularly among young and first-time investors, driven by digital trading solutions and financial education. Maharashtra leads in investor accounts, followed by Uttar Pradesh and Gujarat.

- Country:
- India
The National Stock Exchange of India (NSE) announced a significant milestone in July 2025, surpassing 23 crore investor trading accounts. This achievement was marked by the addition of 1 crore accounts in just three months, following the 22-crore mark reached in April of the same year.
The NSE reported 11.8 crore unique registered investors by July 2025. An investor can hold accounts with multiple brokers, leading to multiple client codes. Maharashtra leads with 4 crore investor accounts, accounting for a 17% market share, followed by Uttar Pradesh, Gujarat, West Bengal, and Rajasthan.
Sriram Krishnan, Chief Business Development Officer at NSE, attributed this growth to the increasing trust in the Indian capital markets amid global economic uncertainty. The expansion is driven by digitalisation and mobile-based trading solutions, lowering entry barriers, especially in smaller cities. Policy efforts also play a crucial role in market inclusion.
(With inputs from agencies.)