India is experiencing an amazing revolution in the stock market

IThis history’s largest experiment in participatory capitalism. As the Indian stock market soared, households scrambled to claim credit for its success. As barriers to entry fall, an estimated 100 million people close to the poverty line have become capitalists, owning tiny stakes in public companies. Today, one in five households own shares, up from one in 14 just five years ago. It is planned that this number will continue to grow. A new mutual fund with a minimum monthly contribution of Rs 250 ($3) will be launched soon, according to India’s financial regulator.