FY24. Over 75% of these traders declared an annual income of less than ₹5 lakh in FY24. More than 75% of loss-makers continued trading in F&O.
Have domestic investors become the poster boys of irrational exuberance?
"Market participants are chasing short-term returns with great fervour. Beyond F&O, the volumes on Indian crypto exchanges have increased nearly 4-5x, reflecting the short-sighted behaviour of market participants. In early 2024, many individual investors we spoke to were heavily inclined toward defence and PSU stocks. Now, many of these stocks have declined by 50-60% within just six months," Green Portfolio's Ramdas notes.
Esta historia es de la edición December 23, 2024 de Mint Ahmedabad.
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Esta historia es de la edición December 23, 2024 de Mint Ahmedabad.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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