NSE active clients rise by 6.15 lakh in October: Check broker-wise additions

India’s stockbroking industry added around 6.15 lakh net active clients in October 2026, taking the total active client base on the National Stock Exchange (NSE) to 4.67 crore, according to the exchange’s latest data.

Groww recorded the highest net additions during the month, followed by Angel One, while some large brokers reported a decline in their active client base.

Groww added approximately 3.04 lakh active clients in October, accounting for around 49.5% of the industry’s net additions. Its active client base increased from 1.34 crore in September to 1.38 crore in October. Its share of total active clients on the exchange rose from 29.16% to 29.43%.

Angel One added around 2.43 lakh active clients during the month, taking its base to nearly 69.99 lakh, with a market share of 14.97%.

Zerodha’s active client base declined by approximately 33,000 to 67.59 lakh. ICICI Securities added around 3,000 clients to reach 21.64 lakh, while Upstox recorded a decline of nearly 11,000, taking its active client base to 18.43 lakh.

Among other brokers, Sahi added 34,372 active clients during October, while Dhan added approximately 26,000. Kotak Securities, Motilal Oswal and HDFC Securities recorded additions of around 13,000, 7,000 and 6,000, respectively.

The October data shows differences in monthly client additions across brokers, with Groww and Angel One together accounting for a significant share of the industry’s net additions. Their combined additions of around 5.47 lakh were close to 89% of the industry’s net increase during the month.

The data also comes amid continued expansion in brokerages’ overall client bases. Angel One added nearly 15 lakh clients during the July-September quarter, taking its total client base to 3.99 crore by September-end. The figure crossed 4 crore in October, according to the company’s business update.