Politics, exit polls, market and retails investors

Are retail investors reading the market better than institutional investors? Are they getting smarter?

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Since the 50-share Nifty plunged 5.93 per cent to 21,884.5 on June 4, its worst fall in a little over four years, here’s the jibe that has been doing the rounds of Dalal Street: “Don’t listen to those who are not Sebi-registered investor advisers”

Tamal Bandyopadhyay

8 min read Last Updated : Jun 09 2024 | 3:51 PM IST

On June 6, two days after the Lok Sabha election results were declared. Congress leader Rahul Gandhi alleged that Prime Minister Narendra Modi and Home Minister Amit Shah were “directly involved” in what he described as the biggest “stock market scam”, and demanded a Joint Parliamentary Committee probe. Senior Bharatiya Janata Party leader (BJP) Piyush Goyal lost no time in refuting Gandhi’s charges. Meanwhile, the stock market rose for three successive days till Friday, June 7, to wipe out the losses of June 4.

Let’s not get into the allegations and counter-allegations. Instead, let’s look at what happened in the market

Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Topics : Elections Lok Sabha elections Election Results 2024 stock market trading

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