Indians are losing big on the stockmarket

Apr 16, 2025
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“It hurts. It’s irritating. You want to be [left] alone,” says Jagdish, a 39-year-old IT systems manager, whose dreams of buying a new house were shattered after he lost a small fortune gambling in India’s stockmarket. Even before President Donald Trump’s so-called reciprocal tariffs shook global markets, the Indian stockmarket had been on a rollercoaster. The benchmark BSE Sensex is down 11% from its peak in September last year.

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