Young Investors Surge in Indian Stock Market: NSE Data Reveals
Official data from the National Stock Exchange has revealed a significant rise in young investors (below 30 years) in the Indian stock market between March 2018 and August 2024. Their share increased from 22.9% to 40%, while older age groups saw a decline in their market presence.
- Country:
- India
According to official data from the National Stock Exchange, the Indian stock market is now dominated by investors below 30 years of age. The data shows a rapid increase in their numbers, rising from 22.9% of the total investor base in March 2018 to 40% by August 2024.
"From Mar'18 to Aug'24, there has been a notable increase in younger investors entering the market. The share of investors under 30 years old has surged from 22.9% in Mar'18 to a significant 40.0% by Aug'24, indicating growing interest among younger individuals," stated the NSE.
While young investors have grown significantly, other age groups have either remained stable or witnessed a decline. Investors aged 50-59 years and those above 60 have seen consistent reductions in their market share, with the latter falling from 12.7% in March 2018 to 7.2% by August 2024.
This shift has also impacted the overall age profile of registered investors, with the median age dropping from 38 years in March 2018 to 32 years by March 2024. The mean age has also decreased from 41.2 to 35.8 years, indicating a trend of increasing participation from younger individuals while older generations withdraw.
The trend signifies a growing popularity of stock market investing among younger individuals, contrasting with a gradual decline in interest from the older demographic.
(With inputs from agencies.)