Gujaratis are everywhere. In business, in politics and how stock market can be exception. In fact Gujaratis
Are second largest Demat account holder after Maharashtra.
There are about 1.15 crore Demat account holders in Gujarat and Ahmedabad alone contribute 11% of daily turnover on NSE after Mumbai which accounts for 68%.
But why so much Gujaratis are in stock market when Comparable state like West Bengal and Madhya Pradesh lags in count?
The reason is psychology and years of running businesses successfully gave Guajarati's confidence and psychology which a prerequisite for Stock Market.
