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₹18K cr bet! Retail investors bet on Infosys, TCS, Reliance & 3 other falling bluechips
Summary by The Economic Times
2 Articles
2 Articles
India’s under-30 investor explosion: Wealth creation or trap?
India’s retail investor is getting younger, with Gen Z and Millennials increasingly turning to equities and SIPs to build wealth. As foreign investors pull out, domestic retail participation is helping prop up the Indian stock market. Here’s what’s driving the rise of a new generation of investors and the risks they face.
·Chennai, India
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₹18K cr bet! Retail investors bet on Infosys, TCS, Reliance & 3 other falling bluechips
Retail investors are doubling down on falling bluechips, buying shares worth nearly Rs 18,000 crore in six major stocks during the June quarter. IT stocks dominated the contrarian bet, with Infosys, TCS, Wipro and HCL Tech attracting Rs 12,230 crore. Infosys saw the highest retail buying at Rs 3,864 crore, followed by Reliance Industries at Rs 3,764 crore.
·Mumbai, India
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Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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