Uttar Pradesh added the most number of new stock market investors for NSE in 2023, followed by Maharashtra and Gujarat. In percentage terms, Mizoram, at 55% showed the biggest jump but it came on a low base of 9,564 investors.
Adani-Hindenburg row, third quarterly results, high valuation and slowdown in businesses are some of the reasons for correction in stock market. .So far, in 2023, Sensex has plunged nearly 2.8%, while Nifty 50 has seen even larger decline of over 4%.