Share of non-institutional investors in cash volumes climbs to 11-year high

Experts attribute the development to rising interest for direct equity among retail investors

The share of non-institutional investors in the markets, in terms of cash volumes, surged to 72 per cent in July. This has been the highest level seen since August 2009, according to an analysis by Motilal Oswal Financial Services.

In July, the average monthly cash volumes stood at Rs 62,200 crore, of which non-institutional investors accounted for Rs 44,784 crore. “The number of active clients has gone up tremendously. We have seen a rise in the number of opening of new accounts. These data points suggest that the retail participation has picked up in the markets,” said Satish Menon, executive