Millennials Hunting Returns Drive Risk-Hungry Investing in India
Updated: 14 Jun 2022, 07:57 AM IST
TL;DR.An impatient Indian investor class, largely driven by millennials, is leaping into riskier investments from peer-to-peer lending to cryptocurrencies in the hope of boosting returns rocked by one of the worst inflation rates in Asia.
The overall market capitalisation of BSE-listed firms rose to ₹250.51 lakh crore from ₹248.27 lakh crore, making investors richer by ₹2.24 lakh crore in a single day. REUTERS/Francis Mascarenhas