A positive outcome of the COVID-19 pandemic was that stock markets piqued the interest of young people in India. As work-from-home became common and stock markets rallied, retail investor participation in Indian equities skyrocketed. From just 4 crore demat accounts in FY20, the number of demat accounts in FY24 jumped 350% to a whopping 140 million.
While this rise in retail investor participation indicates a shift in stock market dynamics, it doesn't necessarily mean that financial literacy has improved. Before COVID-19, it was difficult to get individuals to start investing in stocks. But now, the problem has reversed. Given the supernormal returns delivered by the stock markets since 2020—200% in about five years—it has now become a task in itself to convince investors to take a step back from stock markets, even when taking a step back is crucial.
هذه القصة مأخوذة من طبعة January 08, 2025 من Mint Chennai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 08, 2025 من Mint Chennai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
An ode to the Maximum City of hopes and heartbreak
Murzban F. Shroff's new collection of Mumbai stories chronicles the decline of the city, while celebrating its resilience
From red lights to green: DPI for businesses will spur job creation
Employer Aadhaar and Digilocker will apply Digital Public Infrastructure to compliance and help create high-wage jobs
HDFC Bank NPAs rise amid Q3 agriculture loan defaults
The lender's profit growth was weighed down by asset quality issues and slow loan growth
Address India's worsening urban groundwater crisis
We require innovative solutions that use technology to prevent its depletion and contamination
Netflix surges past 300 mn subscribers
Netflix on Tuesday said it added nearly 19 million subscribers during the holiday season to finish out last year with more than 300 million subscribers.
Dixon Tech: A flurry of acquisitions, capacity expansions
Upwardly mobile
NMC seeks to tighten rules for hiring medical college faculty
India's apex medical education regulatory has proposed new eligibility qualifications for teachers to improve standards as it seeks to weed out ghost faculty and incompetent teachers.
RIL arm acquires sauces brand SIL
Reliance Consumer Products Ltd (RCPL), the consumer goods arm of Reliance Industries Ltd (RIL), announced on Wednesday its acquisition of SIL, a food brand known for sauces and condiments.
Shareholders nix Gokaldas Esop plan
Apparel maker Gokaldas Exports' plan to reward its top executive with a generous stock grant has been blocked by the company's institutional shareholders, more than half of whom voted against the resolution enabling its latest employee stock option plan (Esop).
Garth Hudson wove a musical spell on listeners
Hudson was the last surviving member of the influential rock group The Band
