Led by new-gen investors, mobile trading accounts for a fifth of trades

Higher smartphone penetration and lower data charges are powering this trend, say industry players

A new generation of investors has taken to stock trading on mobile phones with a renewed zeal, driven mainly by social changes after the Covid-19 pandemic breakout.

The proportion of the cash market turnover ascribed to mobile phones has jumped from 5.3 per cent in June 2019 to 18.7 per cent in June this year, reveals BSE data.

The share of mobile trading on the National Stock Exchange (NSE) for June this year stood at 19.5 per cent.

A report by NSE states that the trend in internet-based trading has gained momentum since March 2020 due to increased retail