Recent correction in equity markets hurt retail investors the most

Retail m-cap in the total listed universe has reduced by Rs 1.81 trillion, or 9%

The recent correction in equity markets has pinched retail investors. The retail market capitalisation (m-cap) in the total listed universe has reduced by Rs 1.81 trillion, or 9 per cent, from the all-time highs the Sensex hit on October 18.

If one considers the domestic m-cap, i.e., retail plus domestic institutional investors, the figure comes to Rs 5.1 trillion — a decline of 9.2 per cent.  From the September quarter, the fall is Rs 53,742 crore.

Domestic institutional investors largely include insurance companies and mutual funds, who typically are money managers for retail investors in the equity segment.

Concerns over