Share of stocks in total savings at record high

Indians are investing in stocks like never before. The share of stocks in total savings by Indians is now at an all-time high of 4.8%, up from 4.3% in March 2021, a report by Jefferies said. Barring 2021 and 2022, the closest it had come in the last two decades was in 2008 when it was at 4.2%. The preferred mode of savings, however, is still real estate, which stands at 49% of the total household savings, while gold is at 15% share.

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