Investors' confidence in IPO increased, not on FD
- Investors move towards IPO and equity market with 'Risk Hai To Isk Hai' attitude
In India, fixed deposit is generally regarded as a safe and profitable investment. However, the attractiveness of FDs has diminished in recent years due to lower interest rates. On the other hand, following the bumper returns received by investors from the equity market, especially in the aftermath of the first phase of the Corona epidemic, the Indian public is now investing in IPOs and the secondary equity market with a 'risk hai to isk hai' attitude. Now investors are looking at IPOs as an alternative to FDs. A research report by the State Bank of India also seems to support this.
According to a SBI report, bank deposits have fallen sharply by Rs 4.5 lakh crore since Diwali. The SBI research report said that the sharp decline in deposits between November 8-12 was the largest since November 15, the biggest drop in the last three years this fortnight.
On the other hand, if we talk about India's IPO market during this period, it was the period from November 9 to November 19, during which companies like Paytm, Latent View, Tarson, Sapphire and Sigachi, the largest IPOs in the history of India, made public payments. With the exception of Paytm's listing fiasco, most of the IPOs, including Latentview and Sigachi, have paid off for investors.
However, the deposit figures after Dussehra and before Diwali are also shocking. In the fortnight ending November 3, 2021, Rs. There was a huge increase of Rs 2.5 lakh crore. The increase of Rs 3.5 lakh crore was the fifth largest fortnightly increase in the last three years. Let me tell you that in the fortnight that ended on November 9, 2016, Rs 2.15 lakh crore was deposited in banks after the ban.
In addition to this, in the fortnight ended on September 6, 2016, Rs. 4.5 lakh crore in the fortnight ended March 4, 2018. 4.5 lakh crore, while in the fortnight ended April 1, 2018, Rs. 2.31 lakh crore.
This comment has been removed by the author.
ReplyDelete