Theordinary peopleofIndiaareencouraged bythe rapid economic developmentofIndia,have invested inthestockmarket, andin recent years, Indiahasuniversalhot stocks. A man namedBaldwinGermanySingh, Indianbusinesstourismorganizationsand fromNew Yorktravelmoney for a living. I heardfriendsrely onthestock marketmade a fortune, Singhwould"rush" totrythe tasteoftheirshareholders, their ownhard-earned moneyinto the stock market. Casualinvestorsinto the stock marketsuchasSinghinIndia,a lot of people.
The stockboominfectionspecializing in the production ofIndiandancemovieBollywood. Bollywoodintroduced this year,thenew film "Guru" (Guru), to becomeacommercialgiantstoryaboutanIndian villager. Part of the climaxinthemovie, ataxi driverhas become theCEOofthe movie's heroes, said: "Thanks to yourstockIafford to payadowrytomarryout of thethreedaughters." Some experts believe thatas more andand more consumersbegan tobecomeinvestors, thestock market's growinginfluence.
HSBC data show thatIndian investorsnowadaysfundsthatinvest instocks and mutual fundsaccountedfor5%ofhousehold savings, and only 1% ofhousehold savingsin2003forstock marketinvestment. Asmore and moreIndianswill besavingsinto the stock market, thesecuritiesbusinessisincreasingly busy. In the Indian capitalofNewDelhi, theheadquartersofthesecurities companies"angel brokinghas become increasinglycrowded," angelbrokinghas76branchesacross India, with220,000customers, 30%annualgrowth.
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