Manipur, Telangana, Arunachal Pradesh emerge as the new stock trading hubs

Registered users who trade in equities has grown at a rapid pace in North East India

The benchmark indices have witnessed a sharp rally since their March lows, partly fuelled by the increase in retail investors, according to experts. And, the BSE data shows that this spurt in registered users was aided by huge increases in states like Manipur, Telangana, and Arunachal Pradesh.
 

Manipur saw the steepest rise in client base in the past year. At 33,901 registered clients as of October 12, the base grew a massive 183 per cent year-on-year (YoY). Telangana with 1.38 million (152 per cent rise), Arunachal Pradesh with 8,385 users (90 per cent), Mizoram with 3,876 users (86 per cent),