Retail rush drives mobile trading volumes at BSE, share up 711 bps in a yr

Nearly 20 mn new demat accounts added since March 2020. Meanwhile, share of individual retail investors in NSE's cash market turnover shot up from 39% in FY20 to 45% in FY21

The influx of retail investors is driving mobile trading volumes. The proportion of the cash market turnover attributable to mobile phones has jumped 711 basis points in the past one year to 18.13 per cent in June on the BSE.

Market players attributed this to increased share of individual retail investors in overall volumes amid entry of new investors. Since March 2020, close to 20 million new demat accounts have been added. Meanwhile, the share of individual retail investors in NSE’s cash market turnover has shot up from 39 per cent in FY20 to 45 per cent in FY21.

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