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CNBC TV1801-01-2026, 13:15

Maharashtra, UP, Gujarat Lead India's Investor Boom: NSE Report Reveals Top States

  • NSE report shows 12.5 crore unique investors, 24.5 crore accounts by Dec 30, 2025.
  • Maharashtra leads with 19.75 crore investors, a 10.2% increase from last year.
  • Uttar Pradesh (14.47 crore, 17.6% rise) and Gujarat (1.07 crore, 11.4% rise) follow.
  • Western and northern states largely dominate India's investor base.
  • Tamil Nadu leads southern states with 70 lakh investors, an 18% increase.

Why It Matters: Maharashtra, UP, and Gujarat spearhead India's growing investor base, as per NSE's 2025 report.

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