Indian Retail Investors Discover Wealth in Equities
Ashishkumar Chauhan Managing Director and CEO, National Stock ExchangeÂ
The average Indian appears to have discovered equity as an asset class to build and grow their wealth. Opening the gates to a steady surge in wealth creation is the equity market, which has demonstrated incredible resilience despite the recent global events. The National Stock Exchange (NSE) and its benchmark index, Nifty 50, are at the heart of this quest with the numbers revealing that retail investors are seeking out equities as a viable investment option like never before. The number of unique registered investors on the NSE has crossed 8 crore (unique PAN numbers), indicating that retail investors are flocking towards equities at a remarkable pace.