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BSE adds 1 crore investors in 148 days to reach 12 crore-markFounded in 1875, BSE (formerly Bombay Stock Exchange) is the world's fastest stock exchange with a speed of 6 microseconds
PTI
Last Updated IST
The Bombay Stock Exchange. Credit: PTI File Photo
The Bombay Stock Exchange. Credit: PTI File Photo

Leading stock exchange BSE on Tuesday said it has added 1 crore registered investor accounts to its platform in a span of 148 days, taking the total count to 12 crore.

The exchange added one crore investors' accounts between July 18 and December 13, BSE said in a statement. In comparison, the exchange took 124, 91, 85 and 107 days for the previous milestones of 11 crore, 10 crore, 9 crore and 8 crore, respectively.

"BSE crossed the milestone of 12 crore registered users based on Unique Client Code (UCC) on December 13, 2022," the exchange said.

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Of the 12 crore users, 42 per cent fall in the 30 to 40 age bracket, followed by 23 per cent in 20-30 years and 11 per cent in the 40-50 age bracket.

In terms of states, Maharashtra leads in terms of investors with a share of 20 per cent of the total 12 crore investors. This was followed by Gujarat at 10 per cent, Uttar Pradesh at 9 per cent and Rajasthan and Tamil Nadu at 6 per cent each.

The exchange did not specify how many of these accounts are active or only for mutual fund investments, as a vast majority of trading volume is on rival bourse NSE.

Founded in 1875, BSE (formerly Bombay Stock Exchange) is the world's fastest stock exchange with a speed of 6 microseconds.

BSE has a broad shareholder base. It provides trading in equity, debt instruments, equity derivatives, currency derivatives, commodity derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.

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(Published 13 December 2022, 15:38 IST)