Learning The Tricks Of The Trade
Outlook Money|October 2021
A new breed of traders wants to become financially literate before venturing into the stock market.
Yagnesh Kansara

Sandeep Sahal, a third-year BCom student from the University of Calcutta, recently started trading in the stock market after finishing a six-month certification course in research trading and advisory from online learning platform Elearnmarkets. A chartered accountant aspirant, Sahal took up the course as he hopes to make some extra money through trading even after he starts working.

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

MORE STORIES FROM OUTLOOK MONEYView All

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.

7 mins read
Outlook Money
October 2021

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

6 mins read
Outlook Money
October 2021

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.

5 mins read
Outlook Money
October 2021

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?

4 mins read
Outlook Money
October 2021

I'm a Conscious Consumer

Actor Konkona Sen Sharma has never been a careless spender but now she is a more careful saver.

3 mins read
Outlook Money
October 2021

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

5 mins read
Outlook Money
October 2021

Learning The Tricks Of The Trade

A new breed of traders wants to become financially literate before venturing into the stock market.

4 mins read
Outlook Money
October 2021

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.

9 mins read
Outlook Money
October 2021

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.

10+ mins read
Outlook Money
October 2021

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.

5 mins read
Outlook Money
October 2021
RELATED STORIES

GM's Exit From India Hits a Roadblock

The long-delayed sale of its plants to a Chinese company faces local labor and political opposition

5 mins read
Bloomberg Businessweek
November 22 - 29, 2021

Self- acceptance

ELIZABETH DENLEY has been a student of both science and spirituality all her life. Trained as a scientist, she turned her field of inquiry and research skills to the field of meditation and spirituality after starting the Heartfulness practices in the late 80s. Here she shares some thoughts on the importance of selfacceptance.

6 mins read
Heartfulness eMagazine
November 2021

The New Storytelling:We Are All Indigenous Global Citizens

WAKANYI HOFFMAN is a Global Education Specialist and founder of the African Folktales Project. In Part 2 of her interview with SARA BUBBER, Wakanyi shares the value of storytelling, passing down wisdom through generations, her Kikuyu culture, and how we are all indigenous global citizens.

7 mins read
Heartfulness eMagazine
November 2021

The Vaccine's Last Mile Problem

India is racing to vaccinate its villages, including many in remote and desperately poor areas where suspicion of the government’s motives runs deep

10+ mins read
Bloomberg Businessweek
November 15, 2021

India's Fintech Boom

A government-backed system of digital payments has set offa wave of innovation

3 mins read
Bloomberg Businessweek
November 08, 2021

THE GAME CHANGER

INSIDE DHD’S RECORD-SETTING DURAMAX

2 mins read
Diesel World
November 2021

Building Community Through Education

KIRAN BIR SETHI is changing the experience of childhood in Indian cities through her education curriculum and initiatives to build healthy relationships between students and their communities. Here she is interviewed by KASHISH KALWANI.

10+ mins read
Heartfulness eMagazine
September 2021

Granny Chic Galore!

A homeowner’s holiday décor is an homage to Christmas at her grandma’s house.

5 mins read
Cottages and Bungalows
FMD Christmas 21

INDIANA NOTIFYING 750K AFTER COVID-19 TRACING DATA ACCESSED

Indiana health officials said they are notifying nearly 750,000 state residents that a cybersecurity company “improperly accessed” their personal data from the state’s online COVID-19 contact tracing survey — a description the company disputed as a “falsehood.”

2 mins read
Techlife News
Techlife News #512

What is My Stereo's Gender?

Readers will recall, distressingly, that I have tried their patience on just about every topic that marginally relates to audio. LP grooves, CD bumps, flat response, boomy bass, warm recordings, cold binary bits—I have waxed philosophically on all of them. Which bring us to today’s audio topic: gender.

3 mins read
Sound & Vision
August - September 2021