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- Share Market Investors 2024 Statistics Update; Bihar MP UP Maharashtra Demat Account Data
Vinod Nair, Research Head, Geojit Financial Services18 hours ago
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Vinod Nair, Research Head, Geojit Financial Services
The dominance of domestic investors is increasing in the stock market. Apart from big cities like Delhi-Mumbai, cities like Jaipur, Indore, Rajkot, Pune, Hyderabad are becoming new hotspots for domestic investors. According to BSE and NSE data, retail investors increased the most on annual basis in Bihar, Uttar Pradesh, West Bengal, Madhya Pradesh and Rajasthan.
In this matter, Bihar has now come in the top-10. After Maharashtra, UP is at second position in the list with 1.96 crore investors. At the same time, between May 2019 and July 24, demat accounts in the country increased from 3.6 crore to 15.1 crore. SIP investments have increased two and a half times from Rs 8,183 crore to Rs 20,904 crore.
Brokerage firms are adding clients by going to small cities, new investors should avoid option trading.
New investors were not moving rapidly in major urban areas. In such a situation, brokerage firms are going to small cities and adding new clients. With the joining of these investors, investment will increase rapidly. Most of the new investors are investing money in Future and Options (F&O). Trading in it is risky because the valuations have become very high.
There are two big events this month. The June quarter season of budget and companies is going to start. If the results of the companies remain as weak as expected then a correction is possible in the market. Investors should reduce positions at current levels. That is, after making profits at high valuation, the money should be invested in good shares with low prices.
Bloomberg Survey: Investors expect Indian stocks to give higher returns than America in the second half.
- India will give better returns than Japan in Asia: Two-thirds of the investors surveyed believe that the Asian market will give returns of around 10 percent by the end of this year. One third of the people believe that India will give more returns than Japan and China in the Asian market.
- India will be safe from China-US tension: Indian markets will be most safe from the effects of US-China tension and US presidential elections. Asian equities will outperform US stocks due to Fed rate cut and cheaper prices.
- Expectations from rising corporate profits and budget: According to Bloomberg survey, the rally in the country’s equities will continue till the end of the year, as investors expect corporate profits to increase and the budget will contain measures to increase consumption. This will increase foreign investment more rapidly.
