The Indian stock market, the survey said, was among the best-performing markets, with India's Nifty 50 index rising 26.8 per cent during fiscal FY24, as against a drop of 8.
On its part, to boost participation of small/retail investors in the securities market, market regulator Securities and Exchange Board of India (Sebi) hiked the threshold for the basic service demat account to Rs 10 lakh from the current Rs 2 lakh.
India, it said, can ill-afford the economy’s over financialisation at the current stage.“The increased retail participation in financial markets and familiarity with financial products are beginning to grow in line with India’s emergence as the world’s fifth-largest economy.
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