While brokers are opening new demat accounts every month, some of their older customers are finding it tough to sit through countless months of negative or no returns from the stock market. The latest data from NSE shows that the exchange's active client list has dropped by 53 lakhs in the last 9 months.
The number of active clients on NSE continued to reduce for the ninth consecutive month in March to 3.27 crore, a decline of 53 lakhs from 3.8 crore investors in June 2022.
Other than that, there are three other signs showing that the retail crowd is not as excited about trading as they were when work from home was more common during the lockdown phase.
Firstly, retail inflows in FY23 were the lowest in the last three years at Rs 49,200 crore as compared to robust inflows of Rs 1.65 lakh crore in FY 2021-22 and Rs 68,400 crore in FY 2020-21, according to NSE data.
Read more at: https://economictimes.indiatimes.com/markets/stocks/news/no-wfh-means-no-trading-53-lakh-people-left-stock-market-in-9-months/articleshow/99601501.cms
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