Individual investors sell half of IPO shares in a week: Sebi

Quick Summary:

MUMBAI: The casino culture seen in the stock market's derivatives segment may be rubbing off on IPO investors too.

In comparison, mutual funds sold just 3.3% of the shares they were allotted during the IPOs.

A similar behavioural study by Sebi had shown that nearly 90% of investors in equity derivatives market segment lost money.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaChinaFranceIndonesiaPhilippines

Topics: Sebi study Short-term gains Stock market Individual investors Flipping behaviour IPO investors IPO shares

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-03 @ 08:50:45 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 577 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22339569

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