BRICs Abandoned by Locals as Fund Outflows Reach 1996 HighMichael Patterson, Julia Leite and Rajhkumar K Shaaw
The 2.5 million rupees ($45,984) Nirav Vora had in the Indian stock market six years ago have plunged by 72 percent. Now the 39-year-old father of two in Mumbai, who depends on investment income for his livelihood, is plowing money into government bonds.
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