Upstox

NSE Loses Record 35 Lakh Active Investors in FY26; Zerodha, Angel One, Upstox See Sharp Decline

India’s stock market witnessed a dramatic shift in FY26 as the National Stock Exchange (NSE) reported a record loss of nearly 35 lakh active investors. This decline has raised concerns about retail participation in equities, especially as leading brokerage firms such as Zerodha, Angel One, and Upstox recorded sharp drops in their active client base….

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Nithin Kamath

From FDs and Real Estate to Equities: How Indian Markets Changed Dramatically Post-Covid – Insights from Zerodha’s Nithin Kamath

India’s financial landscape has undergone a seismic transformation since the Covid-19 pandemic, reshaping how households save, invest, and manage wealth. For decades, fixed deposits (FDs), gold, and real estate were the dominant choices for Indian investors, offering safety and certainty. However, the post-pandemic era has seen a dramatic shift toward equities, mutual funds, and market-linked…

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