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Young investors prop up Indian stock market
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Mr Devashish Dey, 24, used his stock trading profits to build a long-desired compound wall around his family home in small town Dhanbad.
PHOTO: COURTESY OF DEVASHISH DEY
BENGALURU - Drawn by the prospect of better investment returns, young professionals and college students are flocking to the Indian stock market, helping to fuel its extraordinary rise in the last three years.
Between March 2020 and June 2024, the number of individual investors in India’s stock market more than quadrupled, from 36 million to 160 million.
