In this edition of Macros With Mythili, ET NOW’s Mythili Bhusnurmath questions why is it that for all the excitement and buzz created by rising stock market indices, the public at large prefers to steer clear of the market? At the end of the day less than 5% of households invests in the stock market as against close to 50% in the US. When it comes to financial savings, banks win hands down. Yet the fact is the country desperately needs long-term capital and this is best mobilized through the stock markets, along with insurance and pension sectors. So what’s holding Indians back, despite the sizzling Sensex? Joining her are three experts to help connect the dots - Subir Gokarn of Brookings India, Dhirendra Kumar - CEO, Value Research and UR Bhat -MD, Dalton Capital Advisors. Listen in to these important voices and their inferences.
