Millions Of Millennials Are Piling Into India's Stock Market

 

The young generation is swooning over the brilliant opportunities of investing in stocks. There is a significant increase of interest among the millennial population in learning how to trade in stocks.

Individuals from different occupational backgrounds are checking how to open a demat account and have started taking a keen interest in stocks trading. They are also looking for other financial instruments for investing in their futures and seeking a good ROI.

Even though the economic condition of the entire world was dwindling due to the sudden outbreak of COVD19 (and we are still recovering), the domestic and international markets have shown excellent growth. In fact, the millennial mass has intelligently taken advantage of the situation. It is because the current population has understood that saving money will not make them rich but investing will.

A humongous growth of 72% of its 510,000 customers in October-December 2020 has been noted. This percentage has never done any stock transaction or trading before.

They have sought professional assistance to complete the demat account opening process or have ventured on their own to open accounts in the online portals offered by private and public sector companies.

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