stock exchange in india
stock exchange in india 3 Things You Need to Know About India's Stock Market : 1. Equity Averse: Indians are hugely equity averse. Only 1.2% of the Indian household financial savings is directly invested in shares (2010-2011). This amounts to a laughable figure of 2.5 Billion dollars for the entire Indian household population . 2. Low Participation: In a country of 1.2 billion, there are only 20 Million demat accounts (ed: a dematerialised account for individual Indian citizens to trade in listed stocks or debentures in electronic form) and 248 portfolio managers. 3. Foreigners vs Locals: Foreign Institutional Investors (FIIs) hold a larger stake in listed Indian companies (10.45%) than the combined stake of Indian Mutual Funds (2.68%) and Indian Financial Institutions/Insurance Companies (5.32%) yangon, Myanmar