As per NSE Data, 38 Lakh clients have *left Stock Market in the last 6 months.
I think more will leave.
The "lockdown traders" must have seen the reality of the stock market and what it means to stay for the long term here.
Serious trading is difficult, like any profession is.
Quick look at the NSE Average Turnover -
Cash:
Daily Turnover Apr 22: INR 73220 Crore
Daily Turnover Jan 23: INR 22829 Crore
Drop of 69%!
Options:
Daily Turnover Feb 22: INR 90 Lakh Crore
Daily Turnover Jan 23: INR 1.55 Crore Crore
Jump of 71%
I think more will leave.
The "lockdown traders" must have seen the reality of the stock market and what it means to stay for the long term here.
Serious trading is difficult, like any profession is.
Quick look at the NSE Average Turnover -
Cash:
Daily Turnover Apr 22: INR 73220 Crore
Daily Turnover Jan 23: INR 22829 Crore
Drop of 69%!
Options:
Daily Turnover Feb 22: INR 90 Lakh Crore
Daily Turnover Jan 23: INR 1.55 Crore Crore
Jump of 71%