TODAY -
India market boom resounds louder in smaller states
Business Standard | Chandan Kishore Kant | August 16, 2016
The stock market boom seems to be making reverberations in smaller and non-traditional states. Indian investors from the country's hinterland, known for relatively less financial literacy, have shown higher growth in investor count in the past one year, though on a very low base.
States including Telangana, Mizoram, and Manipur have seen between seven and 16 per cent growth in investor accounts. On the other hand, the growth in traditional business destinations such as Maharashtra, Gujarat and Delhi has been between three and four per cent.
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* This Post is uploaded on 16 August, 2016
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