Business Standard

Indian households unlikely to stop investing in stocks, says Morgan Stanley

Despite a record rise in trading by retail investors over the past eight years, Indian households remain "dramatically" underweight in the asset class, says Ridham Desai

Ridham Desai
Premium

Ridham Desai

Bloomberg New Delhi
Concerns over a slowdown in the global economy are unlikely to stop the flow of retail money into Indian stocks as households have vast scope to expand their exposure to equity assets, according to Morgan Stanley.

Despite a record rise in trading by retail investors over the past eight years, Indian households remain “dramatically” underweight in the asset class, with stocks comprising only 5%-6% share of their wealth, said Ridham Desai, managing director at Morgan Stanley India Company Pvt. Ltd. 

Indian households save roughly 20% of gross domestic product, equivalent to about $700 billion a year, he said. Just a

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 28 2022 | 1:49 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com