UNTIL RECENTLY, INVESTING in an initial public offering (IPO) was a tedious process, with the whole procedure taking more than a couple of weeks to complete. Similarly, opening a demat account or waiting for the shares or funds to be credited in the investor’s account used to take a few days, at least. The scenario was no different in the mutual fund (MF) space or, for that matter, most aspects related to the Indian stock market. Although the Indian capital markets were safe and robust, speed was something that was still in the slow lane.
The past couple of years have seen a paradigm shift in the way the domestic market behaves. In fact, the Indian stock market is set to see a significant transformation in the next few years. Capital markets regulator, the Securities and Exchange Board of India (Sebi), and other market intermediaries are working together to make the domestic stock market faster, more robust, and more diverse. This means stocks will no longer be the sole focus; other instruments will also take centre stage.
The coming years could also see a huge influx of retail money into the bond markets through the exchanges, as policymakers take steps towards lowering the minimum investment amount, to potentially as low as ₹10,000 from the current ₹1 lakh. In line with the government’s efforts to move money from tangible assets like real estate and physical gold to financial investments, the stock markets are expected to see more retail flows in small and mid-sized commercial properties through real estate investment trusts (REITs) and also in sovereign gold bonds. Not to forget the social stock exchange (SSE) framework that would entice both for-profit and not-for-profit organisations to raise funds through stock markets.
This story is from the February 18, 2024 edition of Business Today India.
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 February 18, 2024 edition of Business Today India.
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
The Dark Side Of Gold Loans
There Has Been A Sharp Rise In Gold Loans In Recent Years. But There Is A Seedier Side To This, As Is Evident From The Red Flag The RBI Raised Recently. Will The Regulator's Move Protect Customers?
All That Glitters
The price of gold has been rising unabated. It has soared to more than 73,000 per 10 gm in 2024 from *31,000 in early 2018. Is the rally sustainable or is this a bubble?
"Hire for attitude, not ability"
Thryve Digital is a player in the healthcare technology sector delivering next-generation solutions
Road Warrior
For Khalid Wani, Senior Director of Sales at Western Digital India, life is much more than just the corner office. Biking across the world is one way he derives meaning for his life
WIDENING THE POOL
THERE HAS BEEN A JUMP IN INDIVIDUALS INVESTING DIRECTLY IN THE STOCK MARKETS, BUT MUMBAI AND AHMEDABAD STILL ACCOUNT FOR THE LION'S SHARE. THERE DEFINITELY IS SCOPE FOR IMPROVEMENT IN TERMS OF PENETRATION LEVELS ACROSS THE COUNTRY
CRISIS IN THE CLOUDS
INDIAN AVIATION IS IN CRISIS. AIRLINES ARE GRAPPLING WITH FLIGHT CANCELLATIONS, CREW SHORTAGES, AND COMPLAINTS ABOUT POOR SERVICE, ARE BLEEDING DUE TO RISING COSTS WILL THE FASTEST-GROWING AVIATION MARKET RECOVER?
"India should start privatising public sector banks"
Arvind Panagariya, Chairman of the 16th Finance Commission, on growth, inequality, jobs, the banking sector, and more
"I LET MY WORK DO THE TALKING"
Megha Engineering & Infrastructures MD P.V. Krishna Reddy on being low profile, the infra opportunity and much more
"Core of insurance lies in long-term security"
Vibha Padalkar, MD & CEO of HDFC Life, on the insurance provider's performance, surrender charges, and future innovations
Distress in the Books
Bandhan Bank, the brainchild of Chandra Shekhar Ghosh, has made the journey from an MFI to a bank, but with many hurdles. Now with his resignation as MD & CEO, is the lender staring at more uncertainty?