‘Are Retail Investors Losing Interest In StockMarkets?'-S Ravi,BSE Former Chairman Voice His Thought

The Indian stock market has witnessed lakhs of new investors from Tier-2 and Tier-3 cities during the Covid-19 pandemic. The Indian stock market witnessed lakhs of new investors from Tier-2 and Tier-3 cities during the pandemic. However, this enthusiasm seems to have waned as returns from the market have flattened in recent months. From a high of 20 lakh new investors in October 2021, it has dropped to 13 lakhs in April 2022.

Sethurathnam Ravi BSE former chairman regarding retail investments in stock markets explains that patience might be a virtue in these tough times. At a time when the Covid-19 pandemic and consequent lockdowns affected the economy, the stock market was one of the very few areas where the wheels were still turning. This attracted many new investors, and a record number of new Demat accounts were opened. The future remained dark with the pandemic looming over us. The global supply chain was crippled. Yet, India’s stock market remained more stable than other markets.

Sethurathnam Ravi

According to Sethurathnam Ravi, former BSE Chairman, foreign portfolio investments or FPIs became net sellers for eight out of 12 months in 2021-22 with a net outflow of Rs. 1.3 lakh crore, against a net inflow of Rs. 2.8 lakh crore in the previous year. Mutual funds, on the other hand, made heavy investments worth Rs. 1.7 lakh crore in the Indian equity market in 2021-22, according to the Reserve Bank of India.

There was a massive rise in the number of new Demat accounts. A total of 50 lakh Demat accounts were opened in 2019-20 and 1.42 crore in 2020-21. This shot up to 3.46 crore new Demat accounts in the year 2021-22. This means that on average, 28.8 lakh Demat accounts were opened every month during 2021-22, which was higher than 11.8 lakh accounts per month in the previous year and 4.2 lakh Demat accounts per month in 2019-20.

Finance Minister Nirmala Sitharaman said that retail investors seemed to act as shock absorbers even when foreign portfolio investors went away. Experts suggest that ups and downs in the stock market are a usual phenomenon and that new investors should be patient during tough times. “If the retail investors have used prudence and have invested in good stocks with strong fundamentals, they should not worry,” S Ravi BSE former Chairman, told India Today. As a word of caution, Ravi added that retail investors should diversify their portfolios and should not take loans to invest in equity.

UP shocker: Minor girl sexually assaulted by unknown man in Bareilly; case registered under POCSO

A five-year-old girl was allegedly sexually by an unknown person in Uttar Pradesh's Bareilly district on Saturday. The girl was playing outside her house when she was lured by the accused to a secluded place.

Minor girl sexually assaulted by unknown man in Bareilly

Bareilly: In a shocking incident, a five-year-old girl was allegedly sexually by an unknown person in Uttar Pradesh's Bareilly district on Saturday. The girl was playing outside her house when she was lured by the accused to a secluded place.

The minor girl was found at a distance of 300 metres from her house, reported The Times of India. Her clothes were also reportedly torn. As per the police, her condition suggested that the accused had sexually assaulted her.

The girl was sent for treatment and a medical examination. The girl's parents told the police that the accused lured her by offering a candy. The police are scanning the CCTV installed in the area to identify the accused. Multiple teams have also been formed to arrest the man.

After the girl was not found outside the house, her parents lodged a missing complaint at a police outpost in the Kotwali area. However, two hours later, the girl was found at a distant place.

On the basis of the complaint by the minor's parents, the police registered a case under section 376 (rape) of the Indian Penal Code (IPC) and relevant sections of the Protection of Children from Sexual Offences (POCSO) Act. A detailed investigation has been launched into the matter.

In another shocking incident, a 14-year-old girl was allegedly raped and impregnated by her stepfather in Maharashtra’s Raigad district. The 45-year-old accused lives in Panvel taluka near Navi Mumbai. He was arrested by the Khandeshwar Police on February 14.

Engineering student dies by suicide in Telangana over circulation of personal photos

The woman allegedly had a friendship with an undergraduate student who loved her. However, the two stopped talking over some differences following which the man allegedly shared some personal photos with her other friends.

Engineering student dies by suicide in Telangana over circulation of personal photos

Warangal: A 20-year-old engineering student died by suicide in Telangana’s Warangal allegedly after a male friend shared her personal photos with others.

The woman’s father had filed a missing complaint on February 22. After learning about the complaint, the woman, who was in Chennai, spoke to her parents and came back to her home on February 23.

The woman allegedly had a friendship with an undergraduate student who loved her. However, the two stopped talking over some differences following which the man allegedly shared some personal photos with her other friends. This made the woman upset and she hanged herself at a relative’s house Sunday evening, police said.

The deceased's parents alleged that she took the extreme step due to the harassment.

The police have taken three people Alokya, Rahul and Yashwant in custody.

Last year in December, a first-year post-graduate medical student allegedly attempted suicide at a state-run hospital in Warangal district after being "harassed" by her senior in the same college, a male doctor. She died at a state-run hospital on Sunday night.

Last week, a final year MBBS student took his life in his hostel room in Telangana by hanging himself. Harsha was a bright student and appeared for two papers of the final year already and was supposed to attend another one on Saturday, an official of the medical college said, PTI reported.