A very interesting article Anil and with very pleasantly surprising figures. One feels that the increasing numbers of retail investors are the younger generation, who are influenced by friends, colleagues and advertisements, where the government is also playing a big role. Even the traditional accumulation of gold has added significantly to the wealth in individual families, due to the phenomenal rise in the price of the yellow metal. Increased liquidity in the hands of a vast number of Indians, has resulted in this rapid growth of the share market and other areas of investment that promise better returns. The safe havens of risk free and assured income are now catering to retired and generally older Indian citizens. Disruptions to this unprecedented growth, has been attempted but the markets and investors have reacted with greater show of investors confidence. Thank you Anil for sharing this very informative and important article. 👍
Thank you for your thoughts and for sequentially setting out the transformation in investment behaviour of the young Indian. I would add that they are also starting off in a better place than say our generation. At the least they do not need to worry about basics like electricity, drinking water, banking, cooking gas and so on. As India continues to trade-up these circumstances will only become better.
To take this argument further I have interviewed Pranav Haldea, MD of Prime Database for my weekly offering on StratNews Global. This episode packed with information and insights from Pranav will air next Thursday. Do watch out for it.
A very interesting article Anil and with very pleasantly surprising figures. One feels that the increasing numbers of retail investors are the younger generation, who are influenced by friends, colleagues and advertisements, where the government is also playing a big role. Even the traditional accumulation of gold has added significantly to the wealth in individual families, due to the phenomenal rise in the price of the yellow metal. Increased liquidity in the hands of a vast number of Indians, has resulted in this rapid growth of the share market and other areas of investment that promise better returns. The safe havens of risk free and assured income are now catering to retired and generally older Indian citizens. Disruptions to this unprecedented growth, has been attempted but the markets and investors have reacted with greater show of investors confidence. Thank you Anil for sharing this very informative and important article. 👍
Dear Gautam,
Thank you for your thoughts and for sequentially setting out the transformation in investment behaviour of the young Indian. I would add that they are also starting off in a better place than say our generation. At the least they do not need to worry about basics like electricity, drinking water, banking, cooking gas and so on. As India continues to trade-up these circumstances will only become better.
To take this argument further I have interviewed Pranav Haldea, MD of Prime Database for my weekly offering on StratNews Global. This episode packed with information and insights from Pranav will air next Thursday. Do watch out for it.
Best
Anil