Retail investors are people like you who make stock market investments. Based on their place of residence, they’re divided into three categories: Indian retail investors who live in India Retail investors who are non-resident Indians (NRIs) Retail investors who are Overseas Citizens of India (OCI), HNI CLIENTS Individuals with an investable capital of more than Rs. 2 crores who participate in stock market investing and trading are classified as High Net-worth Individuals (HNIs).