The retail investor participation in stock market is growing in smaller towns keeping pace with general financial literacy and awareness. “Although Mumbai still accounts for almost one-third of the stock market participation, the penetration in smaller towns is growing rapidly,” financial services group AnandRathi chairman AnandRathi told Business Standard here. The capital market was the only platform, which provided a good investment opportunity to retail investors with disposable amounts of as small as Rs 5,000 to Rs 10,000.
http://www.business-standard.com/india/news/small-towns-more-activestock-markets/463815/
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