Retail investors' wealth erodes as negative news-flow dents sentiment

YES Bank, Dewan Housing Finance Corporation (DHFL), Shankara Building Products, Prabhat Dairy and Dilip Buildcon have tanked over 40 per cent since July 2018.

Retail investors have burnt their fingers and have seen their wealth erode over the past six months. An analysis of the shareholding pattern of 206 companies from the S&P BSE All-cap index where retail investors have increased their stake over 1 percentage points in past six months shows up to 86 per cent fall in stock prices during the period. The S&P BSE All-cap index accounted for 97 per cent market capitalisation of companies listed on the Bombay Stock Exchange (BSE).

YES Bank,