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NSE Data Show July Surge in New Retail Investors as North India Extends Lead

NSE cites geopolitical tensions, tariffs for the recent moderation in sign-ups.

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Overview

  • India’s unique registered investor base reached 11.8 crore by end-July 2025, while total unique trading accounts crossed 23 crore.
  • July saw 15.1 lakh new investors, the highest monthly addition in six months, with three straight months of double-digit sequential growth.
  • North India led with 4.3 crore registered investors, followed by West at 3.5 crore, South at 2.4 crore, and East at 1.4 crore.
  • North posted roughly 20% year-on-year growth in investor numbers, with South also recording growth above 20%.
  • FY26-to-date monthly additions averaged 12.4 lakh between April and July, down from 19.8 lakh in the same period of FY25, even as the long-term pace quickened from the first crore taking 14 years to the most recent crore in just over seven months.