Premchand Roychand and the magic of India's first stock market boom

Mint Dialogues

Long before the days of Harshad Mehta, another big bull dominated Indian finance before falling prey to his own success. Sifra Lentin, Fellow, Bombay History Studies at Gateway House speaks to Neil Borate of Mint on India's first 'big bull' Premchand Roychand, the cotton and stock market boom of the 1860s and the collapse that followed. Lentin explains Roychand's legacy for Indian investors and businessmen.