Sahal is among a new breed of stock market investors who started online trading during the lockdown. As they worked or studied from their smart devices and saved on discretionary and travel expenses, they took to stock trading with the extra money and time in hand.
According to figures released by the capital market regulator, the Securities and Exchange Board of India (Sebi), close to 15 million new investors entered the market between April 2020 and August 2021. Data from the Central Depositories Services India Ltd, one of India’s largest and only listed securities depositories, reported a nearly 20 per cent increase in its demat accounts over the same period.
Most of these investors are young, educated and in the age group of 18-35 years, according to experts.
Talking about the participation and enthusiasm of Gen-Z in the stock market, Vivek Bajaj, one of the founders of Elearnmarkets and Knowledge Head, says, “The term stock market doesn’t bring a sense of fear among Gen-Z. Unlike the previous generation, they are better connected and better informed. They take their own decisions and small calculated risks in the markets. The entire stock market ecosystem has evolved in the last five years and is conducive for new young participants.”
Continue reading your story on the app
Continue reading your story in the magazine
Daring The Third Wave
The equity market boom is based on strong fundamentals. Aided by a rapid vaccination drive and economic recovery, India is unlikely to be wounded badly even if Covid breaks out again.
Is The Grass Greener For Unicorns?
An unstoppable rally is being witnessed among the start-ups when it comes to initial public offerings. But, once listed, companies fall into the greater purview of the government, the market, and investor sentiments. We talk about the challenges and criticisms these start-ups may face after entering the new domain
Make Your Retired Life A Journey Of Comfort By Investing In Mutual Funds
Retired life can be 25 years or more and you need to work out your finances to make it a journey of comfort. Mutual funds can be one of the best options to park your money for this period when expenses would be more regular than incomes.
Is The NFO Euphoria Good For Investors?
New fund offers are being launched a dime a dozen. But does it make sense for investors to subscribe to them?
I'm a Conscious Consumer
Actor Konkona Sen Sharma has never been a careless spender but now she is a more careful saver.
Dealing With Debt
RBI’s loan restructuring scheme that lasted till September 30 had costs and conditions attached. If you weren’t able to avail of it, here is what you can do instead
Learning The Tricks Of The Trade
A new breed of traders wants to become financially literate before venturing into the stock market.
TECH SHOWS THE WAY TO SMES' REVIVAL
As the Coronavirus continues to exist and move freely across nations, the Indian economy had to stand back at its feet and rebuild itself. MSMEs and SMEs were badly bruised by the pandemic, and its remedy is machine intelligence, data security and cloud computing, among others.
MAKING SENSE OF THE MARKET LEAP
Low-interest rates, corporate deleveraging and retail frenzy push Sensex above 60,000 in September. Let’s understand the rationale behind the bull run and why retail investors need to be cautious amid the euphoria.
The EPIC of the ERRATIC INVESTOR
The do-it yourself. investors often end up with the wrong stock because they trust what they hear and what they see, instead of what they could learn on their own.
A Reporter at Large: Second Nature
How rewilders in India are working to reverse environmental destruction.
PATHS HIDDEN IN PLAIN VIEW
If you've ever seen a makeshift dirt path connecting two sidewalks, that's a \"desire path,\" also known as a desire line or game trail.
After Affirmative Action
The Supreme Court is expected to rule racial preferences in college admissions are unconstitutional. How will that change american schools and society?
INCREDIBLE INDIA
FIRST TRIP TO INDIA NEW DELHI
The Holi Festival
The Holi Festival of Colors in India is a celebration of the victory of good over evil, the destruction of the demoness Holika.
The New Asian America
It wasn't always this way. We were not so often the headline. Our elders' safety was not a cause célèbre. We weren't even sure that we were a "we"-can so many people with so little in common say that? Still, there were a few shared things. Cooking ingredients, tropes we were sick of. And when the attacks first started in early 2020, we found we shared another: a terrible feeling of dread.
Gajan Festival India
This photo project is based on the theme "People & Culture" of India.
India Chops Away At Internet Freedom
Modi’s campaign against fake news and security threats is cutting off political opposition online
Lego Star Wars: The Skywalker Saga
A chip off the old block
A HIGHER CALIBER
With Over 20 Years as a USMC Sniper and Police Officer in Los Angeles, Victor Lopez is in His Element Educating Others to Be More Effective in Austere Environments