This has become FII i.e. about foreign investors, but if you talk about ‘retail’ investors, then they have made money. When the exit poll results came, even the days of election results. On June 3, when the markets were touching the sky, retail investors earned money by selling Rs 8,500 crore. The next day, when the market crashed, he made a purchase of Rs 21,000 crore. This shows that retail investors have done well.
But who are ‘retail’ investors? It is understood by the name that those who are small investors are retail investors, who have small portfolio.
But an estimate shows that a general demat account holder in India has only three stocks. This average hides the fact that most of the equity high net-completion injusals in this ‘retail’ sector of the market, which are called HNI, have them i.e. in the hands of rich people and big corporates.
For example, NSE data for the first four months of this year suggests that out of 1.35 crore investors, who actively bought and sold shares every month, only 24,000 or 0.2% purchased all 76% in the cash market. At the same time, in the equity option market, where they trade 50%, only 30,000 investors traded 94%.
Therefore, there is a lot of possibility that most of the retail sales and purchases of shares were done by very small players after the exit poll and on the day of counting. The day the market used to climb, they used to sell, and when they fell, they used to buy it back.