Lured by a sharp rally in stock prices, small investors are entering markets in droves. The stock market watchdog, however, has a word of caution for them — make a gradual entry, understand the risks, and take well-informed decisions.
Speaking at industry body Ficci’s annual capital market conference Capam, Ajay Tyagi, chairman, Securities and Exchange Board of India (Sebi), said: “Increased retail participation isn’t a cause for concern. However, the way it is increasing is.” He was alluding to the sharp increase in new account openings and an increase in share of retail investors in overall market volumes.
“It has to be