Retail investors stock up on financial, consumer staple, IT: SBI report

Retail participation in the stock market, the report said, increased during the pandemic, especially in the second half of fiscal 2021-22

Retail investors have allocated most to the financial sector stocks at the bourses, followed by consumer staples, energy and information technology (IT) over the past few months, said the latest report by the economic wing of State Bank of India (SBI). There is also a renewed interest in healthcare stocks, SBI believes, with Indian financial ecosystem being effectively acting as a conduit of large liquidity finding investment avenues.

“Lower rate in other saving avenues amidst the low interest rate regime has led to greater interest by individuals in the stock market. Another reason could be the significant increase in global