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Edelweiss CEO warns youth living lavishly by doing risky trading
short by System User / on Friday, 26 July, 2024
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.
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