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Lockdown mints more than a million new stock traders across India

S&P BSE Sensex index remains 26% below its January peak, even after rebounding from the sell-off, burnishing the allure for stocks

Photo: PTI
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With risk assets sinking to multi-year lows in March because of the coronavirus pandemic, retail investors globally spotted a buying opportunity and piled into equities | Photo: PTI

Bloomberg
Hemmed in by the world’s strictest stay-at-home measures, Raunaq Singh, owner of a clothes store in New Delhi, has begun to dabble in the nation’s equities.
 
“I had been thinking about it in the past few months, but I had a busy schedule,” said the 27-year-old, who split Rs 160,000 ($2,117) between a couple of stocks over the past month. “There was no better opportunity than this to open a trading account.”

Singh joins a growing contingent of individuals across the globe who are getting their feet wet in the stock market as social-distancing rules keep them at home. About 1.2