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India's stock market investor base grew to 12.7 crore by January 2026, but new registrations slowed due to global economic pressures.
New investor growth in India's stock markets slowed in early 2026 due to global economic headwinds and tariff-related shocks, though the total registered investor base reached 12.7 crore by January, up from 12 crore in September 2025.
The addition of 1 crore investors now takes about eight months, slower than the previous five to six months.
January saw 17.7 lakh new investors, a 13% month-on-month rise and the third-highest sequential increase in the 2025–26 fiscal year.
The total number of unique client codes surpassed 25 crore by February 12, reflecting multiple accounts per investor.
North India leads with 4.6 crore investors, followed by Western, Southern, and Eastern regions.
NSE attributes sustained growth to improved market access and financial literacy initiatives despite recent challenges.
La base de inversores del mercado de valores de la India creció a 12.7 crore en enero de 2026, pero los nuevos registros se desaceleraron debido a las presiones económicas globales.