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Only 1.2% of Indian household savings are directly invested in shares, writes Nitin Rao -...

Only 1.2% of Indian household savings are directly invested in shares, writes Nitin Rao - amounting to a "laughable figure" of $2.5B. There are just 20M stock trading accounts and 248 portfolio managers in a country of 1.2B. For those who believe the biggest moves in emerging markets come at the "moment of discovery and floodtide of liquidity," India may offer some interest, writes Josh Brown.
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