In the last few years, the common man of India started investing a little more than ever before in the stock market. Because of its biggest reason, the Indian government is giving importance to investment in the open market. The bank’s deposits have reduced the interest rates much earlier than before. Four-five years ago, where the fixed deposits in fixed deposits or fixed deposits were 9-10 percent annual interest, in the last two years it has reduced to around 6 percent. The interest savings account of the bank has decreased. Decreased amount of interest in the recurring deposits. In the meantime, if the direct share does not go towards the business, the general people combined with the mutual fund or systematic investment. Which is directly related to the stock market. Banks also started selling mutual funds. As a result, deposits of common people are being deposited in the open market. Depending on the number of shares the interest rates are based on.
In the past few years, the Indian stock market was in normal shape for the deposit of so many people. Long days ago, the big road collapsed. But Monday’s fall has put the thought of the common man on the forehead. Many people think that if the Wall Street does not repair the rapid collapse, the Indian market will be more upset. And in that case, the tendency to raise money in the open market of the common man will also be a little interrupted. It will not be very good for the country’s economy.