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Just 2% Of Indians In Stocks

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Fewer than 2 percent of Indians are invested in the stock market, according to Minister of State of Finance Pawan Kumar Bansal, so the financial crisis has only nominal impact upon ordinary Indians.

“As regards the stock markets, it must be noted that the loss or gain arising from market movement is notional. In this context, it may also be mentioned that only a very small portion of our total population, less than two per cent, has any sort of exposure to the stock market,” Bansal said.

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Odds & Ends | Magazine | December 2008

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