Chris Kay, a Mumbai-based correspondent, dives into the booming Indian equity market, which has doubled in just five years. He discusses the influx of young domestic investors, inspired by dramatic success stories, leading to fears of a possible bubble. Kay highlights the challenges posed by unregulated finfluencers and the risks they bring to new investors. He also addresses broader economic implications, including inequality and employment, as the market experiences unprecedented growth amidst regulatory scrutiny.

Chris Kay, the Financial Times' Mumbai correspondent, shares intriguing insights about India's booming equity market and the surge of young investors. He discusses how these newcomers are increasingly viewing stock trading like a game of chance, moving away from traditional assets like gold. Kay warns of the potential risks of this trend, highlighting concerns about market regulation and the need for better financial education amid a possible bubble. They also touch on recent economic changes in the U.S. and geopolitical tensions in the South China Sea.