 "markets")
Domestic retail investors take 30% hit as equity markets decline
The recent downturn in equity markets has hit retail investors in a big way but the benchmark equity indices understate the losses suffered by them. The Nifty50 index is down only 7.5 per cent from its August 2018 all-time high but retail investors — those with investments of Rs 2 lakh or less in a company — have lost nearly 30 per cent of the gains they made in the mid- and small-cap rally of the previous two and half years.
The value of the total retail equity portfolio is
