NSE: Investors under 30 years of age increasingly dominating the stock market
New Delhi| The Indian stock market is now dominated by young investors under the age of 30. According to the data of National Stock Exchange i.e. NSE, their number has increased rapidly in the last six years. Young investors accounted for only 22.9 percent of total investors in March, 2018. This has increased to 40 percent in August, 2024.
According to the NSE report, the share of other age groups has either remained stable or declined. As an example the number of investors from 30 to 39 and 40 to 49 years has been almost constant. The share of investors aged 50 to 59 and 60 and over has declined. The share of investors aged over 60 fell from 12.7 per cent in March 2018 to just 7.2 per cent by August 2024. This change in stock market investors has also changed the profile of registered investors.
According to the data, the average age of young investors was 38 in March 2018. Decreased to 32 years in March this year. The average age of second investors also decreased, falling from 41.2 years in March 2018 to 35.8 years by August 2024. This trend shows that the stock market is becoming increasingly popular among the youth.
