NSE active users decline for 10th consecutive month in April to 31.2 million

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Ahmedabad: The number of active users of the country’s largest National Stock Exchange has come down to 3.12 crore in April. The number of active users in March was 3.27 crore. Active users are account holders who have done at least one transaction in the last one year. According to the report of brokerage firm Motilal Oswal, the number of active users of NSE has decreased for the 10th consecutive month in April. However, the loss of 15 lakh accounts in April is much more than the loss of 9 lakh accounts in March.

From July 2022, the number of active users is continuously decreasing. Bumper new investors in the stock market during the Corona period Indian stock market is not performing very well in the last 10 months and is now moving away from the market. The recent market volatility affects new investors entering the market with less capital.

In the market volatility in the last 10 months from March 2023, most of the companies’ shares are trading in the previous range and new investors are moving away from small investors’ fresh investment in these companies’ shares. And this has affected the active customer base of the market. In the financial year 2022-23, the Sensex gave a return of 0.7 per cent, while the Nifty gave a return of 0.6 per cent. The BSE Mid and Smallcap indices were down 0.18 per cent and 4.46 per cent, respectively. Foreign institutional investors sold and pulled back investments worth $6.64 billion in the Indian market last year.

Moreover, the environment has been quite challenging for option sellers in recent months for traders among new investors. Investors have also been affected by market volatility and lopsided moves and new margin regulation requiring a minimum 50 per cent cash component under the new regulation.