Out of Stock

Dev Nayak for TIME.

Interior of the Calcutta Stock Exchange the day before its closure.

Champalal Changoiwala still goes to work in the mornings. Wearing a crisp button-down shirt, his silver hair combed into a neat part, he makes his way to the crumbling colonial edifice of the Calcutta Stock Exchange on Lyons Range, an alleyway that teems with beggars, food hawkers and fortune tellers. In his windowless office on the ground floor, he puts in eight-hour days, working the phones and scouring the financial pages for that next big investment.

Changoiwala follows this schedule because it is what he has done every day since he became a stockbroker in 1956, and...

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