TWITTERATI RUSH

WHEN ELON MUSK acquired a little over 9 per cent in Twitter, it caught the fancy of several Indian retail investors who invest in US-listed companies. Platforms that allow Indians to invest overseas reported a significant jump in trading volume with some reporting up to a nine-fold rise in the number of investors buying Twitter shares. The day Musk’s acquisition was disclosed, April 4, Twitter shares had gained over 29 per cent. —ASHISH RUKHAIYAR