Retail investors drive cash market turnover to 22‑month high amid FOMO
Average daily turnover (ADT) in India’s cash equity market rose to a 22‑month peak of ₹1.42 lakh crore in May, powered by retail investors’ fear‑of‑missing‑out buying. Despite geopolitical uncertainty, analysts say the trend reflects growing maturity and long‑term focus among domestic investors, suggesting continued strong cash market volumes.