Bengaluru (Karnataka) [India], August 12 (ANI/BusinessWire India): Bangalore Based Fintech Startup, Trade Brains is organizing the biggest stock market quiz competition in India, ELEVATE, between 27th August - 31st August 2021.
Adding to it, data from the Reserve Bank of India (RBI) shows that in the year ended March 2020, the net financial assets in India defined as gross financial assets less financial liabilities jumped from ₹13.73 lakh crore in FY19 to ₹15.62 lakh crore in FY20 due to decline in borrowing from banks.
Advertisement
Since interest rates have remained low in the country for quite some time, investors have shifted more savings towards soaring markets. Many new retail investors entered the industry in the last one year as interest rates kept depleting and markets kept surging. In fact, 14.2 million demat accounts have been opened in FY21, according to SEBI data.
Looking into this surge in the interest and participation of the retail investors in the stock market, Trade Brains, a leading Bangalore-based fintech startup, is betting on Do-It-Yourself (DIY) investing among the retail investors.
Indian entrepreneur takes the initiative pakistantelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakistantelegraph.com Daily Mail and Mail on Sunday newspapers.
Indian entrepreneur takes the initiative - launches indigenous stock analysis portal, trade brains ANI | Updated: Feb 15, 2021 18:09 IST
Bengaluru (Karnataka) [India], February 15 (ANI/NewsVoir): The stock market has observed a true revolution with the rise of digital media and easy availability of investment portals. Post pandemic, the market has seen a massive uptick in the presence of new entrants. But a majority of these new investors fail to realize returns due to the lack of right guidance. To counter this, Trade Brains, a leading financial learning startup, has launched a new stock research and analysis portal aimed to provide finance quotes and stock data for investors.