A wave of YouTube influencers as well as a host of private stock-tipping social media chat groups have drawn millions of day traders into discount brokers.
Indian equity indices conquered new peaks Tuesday, as banking, FMCG and auto stocks saw heavy buying amid optimism over Covid vaccine progress and unabated foreign capital inflows.
The outperformance reflects the growing heft of rookie stock-pickers as new trading accounts are opening at an unprecedented pace since the pandemic started.
Forex traders said a positive start of domestic stocks supported the local unit, while sustained foreign fund outflows and concerns over Covid weighed on the local unit.
About 1.2 million new accounts were opened with the Central Depository Services (India) Ltd. in March and April, up from a combined 900,000 in January and February.
In this climate of populism, the clamour for accountability can easily transform into evaluation becoming a lever of control rather than a tool for feedback and improvement.
ThePrint had previously reported that India & Russia are talking about 5 more regiments of the S-400, but no contracts are to be signed during the Russian president's visit.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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