NSE registrations rise 15% in June: Western India leads growth; FY26 pace still trails last year


The National Stock Exchange (NSE) reported a 15 per cent monthly increase in new investor registrations for June 2025, reaching 12.7 lakh from 11.0 lakh in May. However, this remained below the June 2024 figure of 21.6 lakh new investors, as detailed in the NSE Market Pulse report for June 2025.Western India led the regional growth with a 20.5 per cent monthly increase, whilst Southern India showed a 15.2 per cent rise. Northern and Eastern regions registered increases of 13.4 per cent and 10.4 per cent, respectively, reported ANI.In June 2025, Uttar Pradesh led state-wise registrations, comprising 14 per cent of the total with 1.8 lakh new investors, showing a 13.1 per cent monthly increase.Maharashtra secured the second position at 12 per cent, followed by Tamil Nadu and West Bengal each at 7 per cent, and Karnataka at 6 per cent.These five states collectively represented 46 per cent of total new registrations for the month, according to the NSE report.The first quarter of 2025-26 saw average monthly registrations of 11.3 lakh, representing a 35 per cent decrease from the previous fiscal year’s monthly average of 17.4 lakh.Uttar Pradesh maintained its position as the primary contributor in the first half of 2025, with a slight increase in share from 13.9 per cent to 14.1 per cent compared to the latter half of 2024.Among the top 10 states, Rajasthan and Maharashtra demonstrated the strongest monthly growth in June, recording increases of 22.1 per cent and 21.3 per cent respectively.Nevertheless, all states witnessed reduced investor registration rates in 2025-26 compared to 2024-25. Gujarat experienced the largest decline at 60 per cent, followed by Rajasthan at 46 per cent. Maharashtra and Uttar Pradesh, despite their leading positions, recorded decreases of 39 per cent and 36 per cent respectively.