Who is going to script India’s next big investment story?
The flamboyant Rocky:
The elusive Professor?:
The confident Porinju?:
Well it is going to be:
The common man (and family of course!)
Investments in equities and debentures has gone up by 72% Year on Year according to the RBI.
In absolute terms it has increased by more than 38,000 crores.
However one needs to wait and watch to see whether this is a temporary phenomenon driven by the buoyant performance of the stock markets or have the Indian households starting understanding the value of investing in equity.