Growing Interest in SIP Investment Despite the volatility,

Growing Interest in SIP Investment Despite the volatility, SIP and Demet accounts have increased as a sign of investor confidence in the stock market.

SIP investment

Why should investors stay invested during market volatility

In January, 51.84 lakh people registered for SIP, which provides an opportunity to invest in mutual funds. This is 29 percent more than the previous month. Also, the total number of SIP accounts is 7.92 crore.

In the first nine months of the financial year, 3.36 crore new SIP accounts were registered. However, more than 23 lakh members have opted out of SIPs.

Strong economic fundamentals, corporate earnings, low inflation are considered as reasons for investor confidence in the market.

New investors entering the market have also increased as a sign of increased investor confidence. Demet account opening for equity investment has also increased. Stock market indices Sensex and Nifty rose 19 and 20 percent last year.

Analysis of last week trend and this week status in stock market,

The Indian stock market ended last week on a positive note. At the end of the week, the BSE Sensex rose 167 points to close at 71,595 points after a volatile session. On the National Stock Exchange, Nifty rose 65 points to 21,783 points. BSE, midcap and smallcap indices were down.

The disappointment weighed on expectations that the RBI would announce a quick rate cut. Banking stocks rebounded. Foreign

Financial institution investors showed interest in selling shares.

The gainer was SBI, priced at 724.25. Increase..3.55%. Sun Pharma..Price..1.534.85. Increase..2.31%. ICICI, Bank Rate..1,010,75. Increase..2.14%.

Falling stocks. M., Andu M., Price..1,646.85. Decline..2.40%. Bharti Airtel Price..1,121,10. Decline..1.88%. N DPC, price..324,90. Decline..1.84%

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