Retail ownership in India’s top companies at decadal high

Mumbai: The Native Share & Stockbrokers’ Association, beginning its journey in 1875 and now known as the Bombay Stock Exchange, was Asia’s first such platform to trade in shares, yet India took more than a century to adopt the equity culture. While Reliance Industries helped democratise stock ownership beyond the SoBo bailiwick four decades ago, equities have progressively become the investment of choice with the ordinary saver who doesn’t