From 1 crore registered investors on February 2, 2008 to whooping 10 crore registered accounts on 16.2022, the BSE has come a long way in attracting new investors and contributing to nation-building and capital generation.

Interestingly, the BSE, the oldest stock exchange in Asia, has added half of its registered accounts in just about two years. Also, the last 1 crore investors were added in just 91 days. Between May 3, 2020 and March 16,2022, the exchange opened 5 crore accounts.

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The shortest time it took to register 1 crore investor was on December 15, 2021 when the BSE investor base jumped from 8 crore to 9 crore within 85 days.

Also, it took almost 5 years or (1651 days) for the BSE to grow from 2 crore of registered investors to 3 crore, the longest time to add 1 crore of new investors. The BSE crawled from July 8, 2011 to January 14, 2016 to achieve this figure.

Nevertheless, BSE’s journey between May 2020 and March 2022 was an exceptional one.

Celebration of 10 Crore (100 Million) Registered Investor Accounts (UCC) on @BSEIndia @narendramodi @narendramodi_in @PMOIndia @SEBI_India B@FinMinIndia @nsitharaman @ashishchauhan @SameerPatil2019 @NeerajK_ @nayan_mehta @GIRIBSE @athakur111
#BSE100MillionUCC pic.twitter.com/NiZTwe6KwO

— BSE India (@BSEIndia) March 16, 2022

Speaking of the incredible milestone, BSE MD & CEO Ashishkumar Chauhan said that throughout its 147-year history, the exchange has always focused on acting as a nation-building and capital-building catalyst for the country.

“The large number of investors who have recently joined the Indian capital markets shows their confidence in the Indian government, its regulators and the future growth of the Indian economy, which will help India reach its target of $5 trillion dollars and more to create,” Chauhan had said. on Wednesday after Asia’s oldest exchange clocked 10 crore in registered investor accounts.

“The participation of recent investors is clear, but there is still a long way to go…”

Investors have been taking part in stock markets a lot lately, which was previously evidenced by a large number of accounts opened by brokers.

The penetration of the stock market in India is minuscule and there is still a long way to go, said Manoj Dalmia, founder and director of Proficient equity Private Ltd. BSE in general has bought a lot of innovation such as BSE’s RFQ debt platform, BSE StAR MF, a direct investment portal for businesses and the web portal Innovation Sandbox,” he says.

“Technology Penetration, Social Media to Drive More Participation”

The product line indicates that investor perceptions are shifting towards the market, and we could see much more advanced products being introduced in India and increased participation in the near future, Dalmia said.

Such a milestone demonstrates robust growth in retail capital market participation, said Ravi Singh, vice president and head of Research Share India. “Technological penetration, improved financial awareness, advanced online trading tools and easy access to real-time price movements have contributed to this achievement,” he says.

Singh believed that with the growing influence of social media and digital infrastructure, this proliferation of investors would continue.

“BSE gains its rightful foothold in global equity markets”

“BSE is the oldest stock exchange in Asia and with this new milestone of 10 crores registered investors, we feel that BSE has got its rightful foothold in Global Stock Markets,” said Amit Jain CEO and co-founder of Ashika Wealth Management.

This astonishing number also shows that more and more Indians believe in themselves and in their own country story, Jain said. “This is a great achievement for the entire BSE team and for investor confidence,” he added.

Founded in 1875, formerly known as Bombay Stock Exchange, BSE is Asia’s premier stock exchange. In 2017, it became India’s 1st listed stock exchange.

(Disclaimer: The opinions/suggestions/advice expressed here in this article are those of investment experts only. Zee Business encourages its readers to consult their investment advisers before making any financial decision.)


This post Out of 10 cr registered accounts, BSE adds 5 cr investors in just 2 years – experts predict greater participation in the near future was original published at “https://www.zeebiz.com/market-news/news-of-10-cr-registered-accounts-bse-adds-5-cr-investors-in-just-2-years-experts-predict-greater-participation-in-times-to-come-181126”

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