Where does Bihar stand in terms of investors? Due to this issue, investors have flocked to the state.
Growth of Investors: Investment is considered best for the economy of any country or state. The movement of the economy and market is determined by investment. Currently the domestic stock market is making new highs every day. That means the number of investors in the market has increased. The number of investors has increased that's why the market is touching highs rapidly. Domestic investors, especially retail investors, play a larger role than foreign portfolio investors in driving the market. In terms of increase in the number of domestic investors, Ladakh, a union territory created separately from Jammu and Kashmir in 2019, is at the top, while the state established during the British settlement in central India is at the lowest. Domestic bourse indices Sensex and Nifty hit all-time highs as investors move towards equities, according to a money regulator report. Due to this, investors are increasingly turning towards the stock market. The scope of these investors is not limited to metros but their reach is increasing in states, districts and villages as well. According to Mumbai Stock Exchange (BSE) and National Stock Exchange (NSE) data, states like Maharashtra, Uttar Pradesh, Gujarat and Rajasthan and old hotspots of investors Mumbai and Ahmedabad have the highest number of investors. But in terms of states, Ladakh ranks first. Also Read: Be Careful! Tomato sounds from Delhi, Which state has seen the biggest increase in investors in the last one year? top. The number of investors in Ladakh has increased by 370.57 percent in the last one year. After this, investors increased by 81.10 per cent in Mizoram, 62.19 per cent in Arunachal Pradesh, 61.78 per cent in Lakshadweep, 56.10 per cent in Tripura, 53.79 per cent in Jammu and Kashmir, 52.95 per cent in Nagaland and 49.51 per cent in Andaman and Nicobar. . Also Read: Onion: Onion price does not go up even in monsoon If we talk about registered investors, there are only 5 states in the country with more than 1 crore registered investors. Maharashtra tops the list. There are 3.35 crore investors in Maharashtra, 1.97 crore in Uttar Pradesh, 1.68 crore in Gujarat, 1.08 crore in Rajasthan and 1.01 crore in West Bengal. According to NSE data, maximum number of new investors have joined in Delhi and Mumbai. This is followed by Bangalore, Pune, Surat, Ahmedabad, Jaipur, North 24 Parganas, Nagpur and Kolkata. Uttar Pradesh tops the list of states in terms of increase in new investors. The state registered 2.6 lakh new investors in May, up 15.5 per cent on a monthly basis. Maharashtra is second with 51 per cent growth year-on-year and 17.5 per cent growth on monthly basis ie 2.2 lakh new registrations. Also Read: Why Filing ITR Is Important? Read expert opinion The post Where does Bihar stand in terms of investors? Flood of investors in the state due to this problem appeared first on Prabhat Khabar.