What market taught investors in 2024
Mint Ahmedabad|December 23, 2024
One of the top sectoral performers of the year 2024 has been pharma, which has maintained its post-covid momentum
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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.

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