1 million new investors entering the market on a monthly basis, shows data

Faster account opening, which allows investors to start trading without ever leaving their homes or visiting a physical branch of their local brokerage has played a role in the surge, according to exp

Topics
Investors | stock market trading | Retail investors

Sachin P Mampatta  |  Mumbai 

Mansi Majithia has just begun the process of signing up to invest in the stock market. She’d invested earlier, but the amounts were small. This will be her first serious foray into equities.

And, it comes even as the market has touched an all-time high. She is not alone in putting her money in the stock market. There are around one million new investors entering the market on a monthly basis, shows regulatory data. Around 10 million new investor accounts were opened in 2020, shows data from the Securities and Exchange Board of India’s (Sebi’s) monthly bulletins. ...

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First Published: Fri, January 22 2021. 01:02 IST
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