Unstable market conditions, lower returns from mid-cap and small-cap stocks, stringent margin system and layoff in IT companies and startups among reasons. This is for the first time since FY14 there is a decrease in the net addition of demat accounts.
Retail participation, which peaked during the pandemic, has been declining after the markets turned volatile and returns from fixed deposits and bonds started improving.
The stock has almost tripled in the past one year. The question now is whether there is more steam left in the stock after the staggering rally
According to Vinay Agarwal, CEO, Angel Broking in the last two years there has been a considerable change in retail participation and an increase in demat accounts.
Every investor needs to have asset allocation towards fixed income, says R Sivakumar, Head Fixed Income at Axis MF.
The new norms could lead to most OFS taking place on Mondays. Currently, the companies are required to give an advance notice of two trading days before the OFS, which the government has been saying gives scope for the speculators to beat down the share price of the disinvestment-bound PSUs.
In an interview to CNBC-TV18, Ramkrishna said that disinvestment in large navratna PSUs are good pegs around which one can see the retail money coming in, which in turn helps in building a good momentum around retail participation.
Gautam Shah of JM Financial says his marker on the downside for next 2-2.5 months would be about 5700. If that were to get broken then it would be a serious development on the charts. But the way 5950 has been holding out, it will be difficult for the market to really break this support level.
HDFC Mutual Fund CEO Milind Barve says, something that has worried most market watchers is the lack of retail participation, as evident from the continuous mutual fund outflows.
A Balasubramanian, CEO, Birla SunLife AMC says, market stability will boost the confidence of distribution community which in turn will improve retail participation.
In an interview to CNBC-TV18, Prashant Jain, ED & CIO of HDFC AMC shared his reading and outlook on market and Union Budget 2013.
Vikas Khemani of Edelweiss Securities explains to CNBC-TV18 that continued government momentum on reforms and retail participation is key to maintaining and boosting market sentiment.
Sunil Godhwani, chairman and managing director of Religare Enterprises says that the market respects that the FM has delivered a realistic Budget.
Sajeet Manghat of CNBC-TV18 says that SEBI's move to allow auctions anf buyback on the stock exchange does not satisfy the purpose of increasing retail participation.
While the markets await the proposed cut in Securities Transaction Tax (STT), Madhu Kannan, managing director and chief executive officer of the Bombay Stock Exchange tells CNBC-TV18 that the talks with Ministry of Finance and Economic Affairs have indicated at no timeline for revision of STT.
Securities and Exchange Board of India is lagging far behind in its aim to get more retail investors into the stock market, its new chairman UK Sinha said Thursday. The market regulator has now embarked on a strategy to simplify market investments in its bid to increase retail participation.
Chaitanya Pande of ICICI Prudential AMC says investing in gold ETFs is one way of participating in an asset class. “More than a return based investment, gold is more a hedge, and therefore increasingly an essential part of your investment portfolio."