Nilesh Shah Kotak AMC Retail investor is like Glenn Maxwell
Nilesh Shah Kotak AMC
Retail investor is like Glenn Maxwell
Nilesh Shah, Kotak AMC, says Retail investors right now are like Glenn Maxwell, they’re hitting the balls for 4s and 6s.
Nilesh Shah, MD, Kotak Mahindra Asset Management
explains that retail investors have matured and they know when to take a u-turn in markets
In an exclusive interview he said that retail investors now ask tough questions and they’re better read than some fund managers.
Notedly, in last Samvat, while foreign institutional investors bought equities worth Rs 1.4 lakh crore, domestic investors outpaced that with buying worth Rs 1.75 lakh crore.
Local flows have helped act as a floor for markets while foreign investors have turned net sellers in the last three months.
Shah equated retail investors with Australian cricketer Glenn Maxwell, who scored a double century and single-handedly helped his team win the match against Afghanistan in Cricket World Cup 2023.
News Edit K.V.Raman
