Investors: Investors bet on a resilient market, with margin funds

Mumbai: Notwithstanding the sharp swings in the stock market in recent weeks, individual investors are not shying away from borrowing and betting on shares, especially mid-caps – some of the worst hit in the recent sell-off. The total quantum of margin funding – a short-term loan to investors for buying shares they cannot afford otherwise – surged to ₹59,300 crore on March 20 as against ₹58,400 crore as of February 29.NHPC, Yes Bank, Zee Entertainment, IDFC First Bank, SAIL, Poonawalla Finance, Indiabulls Housing, Bandhan Bank, Rail Vikas Nigam, NMDC and Ircon International are among the stocks that these investors have bought using margin funding, according to stock exchange data…
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Source: https://m.economictimes.com/markets/stocks/news/investors-bet-on-a-resilient-market-with-margin-funds/amp_articleshow/108690842.cms