From Spenders To Investors

The pandemic-induced lockdowns and social distancing norms made the Gen-Z and millennial generations thrifty as late-night parties and friendly hang-outs got curtailed. With more time, more money and mobile phones in their hands, they started exploring the world of investment like never before. Aditya Prakash, a 22-year-old engineering student from Mumbai, started investing last year as he didn’t have to attend college and had a lot of spare time. Discussions on the stock market and investing are common in Prakash’s family as many of his family members are bankers. “I used to find the discussions boring earlier, as attending college and meeting friends kept me busy. During the lockdown, I started learning and understanding financial terms while going through digital news articles and business newspapers,” says Prakash, who realized during the process that he...