“Investment for long-term, Critical Analysis, Awareness of fineprints of eco-environment important to script success in Stock Market…”

Partha Roy, Kolkata: A Financial Conclave titled “Unlocking the Secrets of the Stock Market: Knowledge, Trends, and Strategies” organised by one of India’s leading stock market trading platforms and investment advisory organizations Eureka on Friday, 30th June 2023 in Kolkata.

Mr. Sriram Krishnan, Chief Business Development Officer, National Stock Exchange (NSE), Mr. Sameer Patil, Chief Business Officer, Bombay Stock Exchange (BSE), Mr. Prashant Vagal, Executive Vice President, National Securities Depository Limited (NSDL), Mr. Rishi Nathany, Chief Business Officer, Multi Commodity Exchange (MCX), Mr. Nilesh Shah, Group President & Managing Director, Kotak Mahindra Asset Management Company (KMAMC), Dr. Vijay Kedia, Managing Director, Kedia Securities Pvt Ltd and Mr. Rakesh Somani, Wholetime Director, Eureka Stock, and Share Broking Services Limited were present at the conclave and spoke on various aspects of stock market.

Panel discussions on stock market knowledge, trends, and strategies were organised and followed by an all-in-one investment solution app named Infinity was launched. Sessions on Market Analysis and Trends Investment Strategies, Portfolio Management, Trading Techniques and Tools Market Regulations and Compliance Behavioral Finance, Market Outlook and Predictions Economic Trends and Forecasts Financial Markets, Investment Opportunities, Risk Management, Fintech and Digital Innovation, Wealth Management and Financial Planning Economic Policy and Geopolitical Factors was organised. The conclave held sessions on Market intermediaries.

INFINITY app provides real-time stock calls and tips, real-time portfolio Overview, GTI – Good Till Trigger, Position Analysis, about markets (Sector watch, heat map, FII &DII activity), Equity Trade, and Track and Investment Education.

Rakesh Somani, Wholetime Director, Eureka said, “…This moment marks a significant in milestone for our organization and the financial community as a whole. It is essential for us to come together, share our insights, and collectively navigate the challenges and opportunities that lie ahead. This Financial Conclave serves as a platform for collaboration, innovation, and knowledge exchange. It brings together experts, thought leaders, and visionaries from diverse backgrounds, united by a common passion for advancing the financial industry…”

Mr. Sriram Krishnan, Chief Business Development Officer, National Stock Exchange (NSE), said, “Due to digitalization, the working environment has undergone tremendous change…A common obligation that necessitates working with numerous agencies and raising public awareness is making sure that the data of our investors is protected. In order to solve this, we have been actively interacting with investors, hosting a number of programmes, and working to reach even more people..”

Mr. Sameer Patil, Chief Business Officer, Bombay Stock Exchange (BSE), said, “… The BSE has witnessed significant growth, evident from the substantial increase in the number of investors. Even before the pandemic, the investor count stood at a commendable five crore, and now, it has soared to an impressive thirteen crore… I would also like to highlight the commendable changes made by the BSE, particularly the introduction of Sensex contracts and the reduction in lot size. These strategic moves have greatly improved liquidity and made it easier for more participants to engage in equity markets, fostering a vibrant trading environment. These positive changes have not only been well-received but have also contributed significantly to the overall growth of the exchange.”

Mr Prasant Vagal, Executive President, National Securities Depository Limited (NSDL), said, “…In NSDL, we have experienced rapid expansion and ongoing support for innovations, which have led to outstanding accomplishments over the past three decades. For instance, we surpassed 200 million in population 18 years ago, and today we are proud to have a respectable 335 million. This phenomenal rise is a major turning point for us and even rivals certain countries’ GDPs. While we should be proud of what we’ve done, we also need to recognise that other countries have reached milestones that surpass our own, demonstrating the importance of market reach in addition to the actual numbers. China, for example, has witnessed a significant increase while certain places have only had a tiny 1% growth.”

Mr. Rishi Nathany, Chief Business Officer, Multi Commodity Exchange (MCX), said, “…There can be no denying the role that commodities play in boosting economic growth. Surprisingly, the commodities markets have grown significantly in recent years, which is evidence of the changing financial landscape. The rise can be ascribed to the maturing of options as well as the emergence of multiple new products that draw traders, investors, , and other market participants. It is impossible to understate the importance of commodities as a key asset class in investing portfolios. In fact, adding commodities diversifies investments and boosts profits,… Moreover, commodities act as a hedge against inflation and offer currency protection, enhancing their appeal as part of a well-rounded portfolio. I sincerely believe that in order for India to realise its “Make in India” ambition, we must set up effective domestic price risk management mechanisms for both our production and consumption.”

Mr. Nilesh Shah, Group President & Managing Director, Kotak Mahindra Asset Management Company (KMAMC) said “We all know that India is changing so drastically that what was formerly thought of as an elephant is now seen as a tiger. This depicts how well India is doing economically right now. India’s journey has already begun. Prior to our country’s progress, the majority of our Indian counterparts fared better than us, but we have now exceeded the bulk of them. …India is undergoing such a revolution that we are now the world’s fourth-largest foreign exchange reserve, operate more electric trains than the United States, and are now manufacturers in the mobile and toy sectors after previously importing goods. We have moved from being the coach of the train to the engine, so we have to do this across many businesses. India is the only country whose GDP is increasing in difficult times and is cautious despite crisis …… For the sake of our children’s future and for ourselves, growth must be inclusive; as a nation, we are moving from inequality to equality; we must alter our investment habits to finance investment rather than saving and standing still in the face of change.”

Dr. Vijay Kedia Managing Director, Kedia Securities mentioned that the goal of long-term investing is wealth expansion since making money and building wealth are two different things. Dr. Kedia also said one needs to comprehend management because it’s crucial while investing as well as should make long-term investments because it is straightforward.