Small investors are
known to arrive late to the party. Whether they are early enough for this bull
rally, only time will tell.
Meanwhile, they are
certainly making their presence felt in the market - retail turnover as a share
of the total cash turnover on the 2 bourses, NSE & BSE, surged to a 12
quarter high of 51.04 per cent in the September (2104) quarter.
* In the 3 months to
September 2014, retail investors’ holdings in India’s top traded firms rose for
the first time in 3 quarters with their cumulative ownership of the 494 of the
BSE 500 companies to 6.37%.
* The share maket
investment average retail cash turnover
in September (2014) quarter stood at Rs. 10,189 crore, with the cash turnover
at Rs. 19,970 crore.
NSE, which registers
the bulk of cash volumes, in an email response said the share of retail
turnover to the total cash turnover on the exchange has risen to 49.21% in
April to October, 2014, up from 42.51 per cent in April to October, 2013.
Meanwhile, new client registrations on the exchange are on the rise. Nearly
6.51 lakh new clients were registered on the exchange in September quarter, 40
per cent higher year-on-year.
No comments:
Post a Comment