Sensex @ 55,000: Retail investors are moving markets now, helping IPOs sail through

Stocks are not among the favourites of an average Indian investor—less than 4% of our population taps the equity market directly. Fixed deposits, real estate, insurance plans and even gold are higher up the priority list. Yet, a year of the pandemic and a booming stock market seems to be tilting the balance in favour of stocks.

Let the stock riseSmall investors have pumped more money into stock markets in the last year than they have ever