As India’s stock market surged, so did investment scams

India’s historic stock market rally has kicked off a retail-investing frenzy. It has also sparked a rise in financial fraud.

Bloomberg’s Alex Gabriel Simon joins the Big Take Asia Podcast to talk about what this phenomenon means for the market and for everyday investors. Listen to the full episode wherever you get your podcasts.

India’s historic stock market surge sparked a retail-investing frenzy that minted millionaires. But the boom also became a breeding ground for financial scams.

On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Alex Gabriel Simon about the retail investors that have been cheated out of their life savings, and how this influx of scams could undermine Prime Minister Narendra Modi’s efforts to promote his nation’s stock market to global money managers.

Read more: Scamsters Trick India’s Retail Investors Out of Millions in Life Savings (https://www.bloomberg.com/news/articles/2025-03-27/india-s-stock-market-mania-sparks-surge-in-financial-frauds-cybercrimes?srnd=undefined)

Further listening: Inside Southeast Asia’s Most Notorious Crime Hub (https://podcasts.apple.com/us/podcast/inside-southeast-asias-most-notorious-crime-hub/id1746141911?i=1000665940390)

Watch, from Originals: Is India’s Stock Market a Bubble About to Burst? (https://www.bloomberg.com/news/videos/2025-03-27/is-india-s-stock-market-a-bubble-about-to-burst-video)
See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.

Listen to more Big Take: Asia: https://www.youtube.com/playlist?list=PLe4PRejZgr0O8J82crIZ_ya_KfZXMVyY-

A deep dive into understanding Asia and how it impacts the global economy and world of business.

Each weekday, The Big Take brings you one story—one big, important story. Host Wes Kosova talks to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what’s happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology—we cover it all on The Big Take.

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