India, April 22 -- Gujarat continues to strengthen its reputation as a powerhouse of trade and equity market participation, with cities like Surat and Ahmedabad leading the surge in retail investing activity across India.

According to the latest report by the National Stock Exchange (NSE), Surat has secured the top position nationwide in terms of growth in active equity investors as well as their turnover. Ahmedabad follows closely, ranking second in active investor count and third in overall retail trading turnover, behind Mumbai Suburban and Bengaluru.

The report highlights a remarkable expansion in Gujarat's retail investor base over the past decade. The number of active equity investors in the state has increased nearly eightfold-fr...