Business Standard

Politics, exit polls, market and retails investors

Are retail investors reading the market better than institutional investors? Are they getting smarter?

Bombay Stock Exchange, BSE

Since the 50-share Nifty plunged 5.93 per cent to 21,884.5 on June 4, its worst fall in a little over four years, here’s the jibe that has been doing the rounds of Dalal Street: “Don’t listen to those who are not Sebi-registered investor advisers”

Tamal Bandyopadhyay
On June 6, two days after the Lok Sabha election results were declared. Congress leader Rahul Gandhi alleged that Prime Minister Narendra Modi and Home Minister Amit Shah were “directly involved” in what he described as the biggest “stock market scam”, and demanded a Joint Parliamentary Committee probe. Senior Bharatiya Janata Party leader (BJP) Piyush Goyal lost no time in refuting Gandhi’s charges. Meanwhile, the stock market rose for three successive days till Friday, June 7, to wipe out the losses of June 4.

Let’s not get into the allegations and counter-allegations. Instead, let’s look at what happened in the market
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Jun 09 2024 | 3:51 PM IST

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