UP Outpaces Gujarat In Registered Investors | 29 Dec 2023

Why in News?

According to the CEO of National Stock Exchange (NSE), Uttar Pradesh has taken a lead over Gujarat in terms of the number of registered investors.

Key Points

• With a market capital of around 4.5 trillion dollars, India is the fourth largest market in terms of market capitalization in the world, followed by the US, China, and Japan.
• India’s market capitalisation in relation to its Gross Domestic Product (GDP) has witnessed 10% increase in the current calendar year.
• India has 74% global share in equity derivatives and 61% share across various asset classes.
• States with the highest number of registered investors are Maharashtra, Uttar Pradesh and then Gujarat.