Stock market cycles are a joy ride if you play them right. However, a lot of new investors enter the market at the top of the cycle. Share prices take a tumble from there, and many are left high and dry. They vow not to return and stay invested in fixed deposits. Almost 80 per cent of stock market trading accounts managed by stockbrokers in India are dormant, meaning they barely witness any trade during a year.
A lot of you sold mutual funds lately and began buying shares directly from the market. Stock market data indicates that domestic mutual funds and insurance companies have been net sellers in the market in July 2020. At the same time, the retail or noninstitutional participation is at a new high. It means the buying and selling activity in the stock market from individuals has increased.
If you put it together with the surge in small-cap shares that have out performed benchmarks like S&P BSE Sensex and NSE Nifty, it presents a worrying trend.
This story is from the August 10, 2020 edition of The New Indian Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the August 10, 2020 edition of The New Indian Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Harassment: HC refuses to suspend ex-DGP's jail term
THE Madras High Court on Tuesday dismissed two petitions filed by Rajesh Das, former special Director General of Police, seeking suspension of a three-year prison sentence awarded to him in a sexual harassment case and exemption from surrendering in court in the case.
Cong plans to cut Dalit quota, give it to Muslims: PM
PRIME Minister Narendra Modi on Tuesday added another layer to his attack on the Congress over its proposed redistribution of wealth, alleging it intends to cut the quota for Dalits and backward classes so as to allocate them to the Muslims.
Renovation of Rahul's Amethi house adds to candidature buzz
AMID a strong buzz around former Congress chief Rahul Gandhi's candidature from Amethi in the Lok Sabha elections, a viral video showing the cleaning and renovation of his dwelling in Gauriganj here has invigorated the party cadre.
Thrissur key to BJP's bid to break Kerala jinx
THE opening move for the battle for the Thrissur Lok Sabha constituency was made on January 3, when Prime Minister Narendra Modi attended a gathering of 2 lakh women and conducted a 1 km-long roadshow in the heart of the city.
YOUNG SPINNER EXCITED FOR OPPORTUNITIES IN TNPL
SUCCESS stories of cricketers inevitably finds a mention of the Ranji Trophy, a stepping stone for many of them.
The minerals behind Gukesh's winning move
Lots of sleep, morning tennis and less intensive chess sessions are some of the routines that helped Indian Grandmaster re-write history at Toronto
CSK look to get back to winning ways
CHENNAI Super Kings will bank on home advantage when they face Lucknow Super Giants (LSG) at the MA Chidambaram stadium here.
Rahul gathering momentum ahead of WC
WITH the IPL being closely followed by the T20 World Cup in the USA and West Indies in June, the performance of Indian players in the ongoing league will decide the composition of the national team.
Tesla puts on hold partnership with Ramkrishna Forgings
US-based electric carmaker Tesla has put on hold its partnership with Kolkata-based Ramkrishna Forgings, days after founder & CEO Elon Musk postponed his India visit where he was expected to announce the company's entry into the Indian market.
Govt flags 11K phone numbers to disconnect
A month after launching the Chakshu portal, the Department of Telecommunications (DOT) has flagged to telecom service providers nearly 11,000 numbers for disconnection.
