Edelweiss CEO warns youth living lavishly by doing risky trading

Radhika Gupta, CEO of Edelweiss Mutual Fund, warned on X about young people funding lavish lifestyles through risky trading. She cited the Economic Survey 2023-24, noting a rise in retail investors to 9.2 crore, up from 2.7 crore in FY19. Young investors in derivatives face high risks, which could harm the economy if significant losses occur.