A few years ago the number of women investors in the stock markets was minuscule. However the Covid pandemic has brought in a major change in this segment.
With job losses, salary cuts of self/ spouse, dropping FD rates and with time on hand, many women across India (and the world) started tracking stock markets and investing in them especially since most global stock indices have done phenomenally well in the past 18 months.
Today almost 20% of the investors in India are women. More number of them are opening trading accounts as rapid digitalisation of the entire process has simplified investing and helped fuel this trend.
Homemakers who have lagged behind are also now joining the bandwagon of traders/ investors as awareness increases.
One of them is of course the protagonist of our story Jhumka Jhumur. All her life she has believed only in Savings accounts and her primary investments have been Cash, Fixed Deposits and Gold.
However, few years ago Jhumur ventured into the world of Sensex and its myriad constituents. She played it safe and invested in what she considered ‘safe haven’ companies like ITC, Coal India, Maruti Suzuki, NTPC etc.
However such a strategy yielded totally unintended and hilarious consequences as we will find out from this episode!
Dear Reader, Have you had a similar experience like Jhumka Jhumur where-in you have invested in some stocks and they have more or less remained stagnant in the past few years despite a rally in the market? For the uninitiated, the stock names mentioned in the Introduction above have not performed very well in the pandemic period and seem to have been stuck at their respective price levels. Do share your thoughts and look forward as always to hearing from you 😊 This episode comes to life through the Illustrations by Vartika Bhonsle, with whom this is my 2nd episode of JJ. She is a student of Fashion Communication and a graduate from NIFT, Bhubaneswar. She loves illustrating people and cute puppies and you can visit her Instagram page @yellowlittlelamp to follow some awesome art!
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