Small investors drive big gains in markets

Small investors are known to arrive late to the party. Whether they’re early enough for this bull rally, only time will tell. Meanwhile, they’re certainly making their presence felt in the market.

October saw mutual funds buying close to Rs 6,000 crore worth of equities, continuing their buying for the sixth straight month. B Gopakumar, head, broking, Kotak Securities, said client acquisitions are up threefold in the last five months. “Nearly 50% to 60% of these clients are maiden investors although some may have bought mutual funds earlier,” Gopakumar said.

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http://www.financialexpress.com/article/markets/indian-markets/small-investors-drive-big-gains-in-markets/