The BSE is lit during Muhurta trading to mark the Diwali festival in Mumbai, Saturday, November 14, 2020.
Stock exchange major BSE on Wednesday reached the milestone of having 10 crore registered investor accounts. The increase in the number of accounts has been attributed to the new investors who have recently joined the Indian capital market.
“BSE has today reached a milestone of 10 crore (100 million) registered investor accounts as on March 16, 2022. BSE has always served as a catalyst for nation building and capital building for the country during its 147 years of history. I am focused on working in the company,” said MD and CEO Ashish Kumar Chauhan.
“A large number of investors who have recently joined the Indian capital markets show their confidence in the Government of India, its regulatory agencies and the future growth of the Indian economy which will help India achieve its target of $5 trillion and beyond. will help.”
“The share market penetration in India is low and there is still a long way to go, exchanges like BSE and NSE which have great track records will play a major role in this journey.
BSE, in general, has bought into a lot of innovations,” Manoj Dalmiya, Founder and Director, Praveen Equities Pvt Ltd, said.
“Such a milestone reflects the strong growth in retail participation in capital markets. Technology penetration, improved financial awareness, advanced online trading tools and easy access to real-time price movements have contributed to this achievement. The rise of social media With impact and digital infrastructure, we expect this growth to continue,” said Ravi Singh, Vice President and Head of Research Share India.
Established in 1875, BSE, formerly known as Bombay Stock Exchange, is the first stock exchange in Asia. In 2017, it became the first listed stock exchange in India.