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The world of recession continues. Whether it is India or America, inflation is increasing everywhere and the prices of stocks are slipping in the stock market. The Indian rupee has reached its lowest level against the dollar. Those who have capital are worried about where to invest their money, because the stock market is going through a recession these days. In these difficult situations, people often consider gold to be the most reliable for investment, but right now there is a recession on gold too.
If we talk about Indians, gold has always been the center of attraction for people here, but it is also at number three in terms of investment. This has been revealed in a report by investment banker Jefferies. According to this report, some Indian banks consider investing in fixed deposits (FDs) and other deposit schemes even better, but on which Indians invest the most money, it is also not at number one.
According to the Jefferies report, the preferred investment option of Indians is real estate. In March 2022, people of India have invested almost half of their household savings in real estate properties. According to this report, bank deposits are second in this matter while gold is the third preferred investment option among Indian households.
49.4 percent of Indian households invest money in real estate
According to a Jefferies report, about 49.4 percent of Indian households’ wealth of $10.7 million in March 2022 was invested in real estate properties. At the same time, Indian households have invested only 15 percent of their savings in gold. The impact of the Corona crisis is also clearly visible in this Jefferies report. Indian households have also spent about 6.20 per cent of their savings on insurance. It comes at number four in terms of the most preferred investment option for Indians.
In terms of investment, the stock market is at number six
According to the Jefferies report, Provident Fund and Pension comes at number 5 in terms of investment in India. In March 2022, 5.70 percent of Indian households’ savings of $10.70 trillion have been spent on provident funds and pensions. After this comes the number of the stock market. The stock market is at number six in terms of investment. Despite heavy selling by FIIs in the Indian equity markets, domestic institutional investors (DIIs) continue to have confidence in the market. Domestic investors remain net buyers in the stock market after October 2021. In March 2022, about 4.80 percent of the savings of the total Indian households have been invested in the stock market.