The Indian middle class has witnessed a financial revolution in recent years. Encouraged by a booming stock market, low-cost digital platforms, and aggressive financial influencers, millions of households have moved their savings from traditional bank deposits to equities. But the recent stock market downturn ~ wiping out nearly a trillion dollars in investor value ~ has exposed the risks of this shift. For many first-time investors, the dream of high returns has turned into an uneasy reality of losses and uncertainty. This market correction is not just a temporary dip; it reflects deeper structural issues. Foreign investors have pulled back, valuations have been stretched, and corporate earnings have been weaker than expected.

The shifting global economic climate ~ marked by geopolitical instability, shifting trade policies, and capital outflows ~ has only compounded the problem. Unlike previous market crashes that had clear recovery paths, today’s uncertainty makes the........

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