What is your outlook on the Indian retail broking industry? Can you highlight the changing behaviour of retail investors post-pandemic?
The Indian retail broking industry has been growing over the years, and this trend will continue in the future as well. This will be driven by digital players like us, as we penetrate further into untapped markets on the back of our digital products. Reports suggest that participation of individual investors in equity cash segment turnover increased over the years to 40.7 per cent in FY22 from 33.0 per cent in FY16. Retail investors owned 9.7 per cent of Nifty-listed companies as of December 2021 compared to 8.6 per cent in March 2019, with the majority of the increase coming in nine months in FY22.
It is worth noting that retail investors have almost fully offset the reduction in ownership by FIIs over this period. In FY22, retail investors made a net investment of ₹2.1 trillion, in both cash and derivatives segments, through the NSE platform compared to ₹1.1 trillion in FY21. More specifically, in the last six months of FY22, i.e. from September 2021 to March 2022, while FIIs were net sellers to the tune of ₹1.9 trillion. This was offset by investments of ₹1.1 trillion in the cash segment by the retail investors. It is a dramatic shift in the retail investors' behavior. We strongly believe that as the retail penetration increases from the current 6.4 per cent over time, this share in overall ownership and investments in stock markets will increase going forward.
Angel One experienced its best-ever quarter in Q4FY22 across operational and financial metrics. What are the key drivers responsible for such robust multifold growth across parameters?
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures