Business Standard

India adds 5 mn investors in 1 yr, internet helps small cities put in money

Increased use of institutional investment methods might also affect the number, said experts

Company, Office, workers, firms, investors
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Sachin P Mampatta Mumbai
India added as many investors over the past year as nearly the entire population of Singapore.

The data from the BSE, Asia’s oldest stock exchange, shows that 4.9 million investors were added over the past year. In 2018, Singapore’s population was 5.6 million.

The total number of investors tracked by the exchange rose 13.71 per cent to 41.4 million. 

The biggest additions came from Maharashtra, Gujarat and Tamil Nadu. The three states alone added 2.1 million investors. Each of the 29 states and seven Union territories added investors.

The addition of investors from 35 states and UTs was in double-digits. Telengana added 55 per

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First Published: Jun 26 2019 | 9:29 PM IST

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