Retail traders are losing billions in India's booming options market | Akshay Chinchalkar, Chiranjivi Chakraborty & Ashutosh Joshi

Like a movie star at a premiere, Mohammad Nasiruddin Ansari steps out of the back seat of a white Mercedes. Flanked by a phalanx of black-clad bodyguards, he strides into the lobby of a luxury hotel and takes center stage in a ballroom as indoor fireworks machines spew fountains of…

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