FTCCI webinar on Indian capital markets

Hyderabad THE Federation of Telangana Chambers of Commerce and Industry FTCCI has organised a webinar "Indian Capital Markets: Outlook and Way Forward". The keynote speakers were Sapna Punjabi, Regional Investment Advisor, HDFC Securities Ltd., Mumbai and PR Sundar, stock market expert, Mansun Consultancy Pvt Ltd, Chennai. In the presence of Ramakanth Inani, president, Anil Agarwal, vice president, KK Maheshwari, Chair, Capital Markets and Investor Protection Committee, FTCCI.

Sapna Punjabi, said that with various investment opportunities available in the market; it is essential to pick the right one that helps in wealth creation. Moreover, wealth creation aligned with life goals or financial goals will help investors stay motivated. Therefore, wealth creation as an investment strategy plays a significant role. The wealth creation process will be most effective if started early. Starting investments during the early stages of life will give a head start for achieving goals.

PR Sundar, said that the timely execution of Covid-19 vaccination drive, reasonable rebound in economic indicators to pre-covid levels, unprecedented measures taken by the Govt. to restore Corona virus-affected economy, improved corporate earnings will lead the markets scale new highs. With overall growth in many of the core sectors, the economy is expected to grow at stable rate with a broad-based momentum across various sectors. Careful planning to ensure adequate fuel and gold requirements will be crucial in sustaining rapid economic growth in the future.

Ramakanth Inani, President, FTCCI said, "India is one of the fastest growing wealth management markets in the world and is expected to be fourth largest private wealth market globally by 2028. In spite of Covid-19 effect India will achieve the $5 trillion target by infrastructure creation, which would have the much needed multiplier effect.

The $3 trillion market capitalisation of Indian companies shows the scale of its institutionalization with a larger number of direct investors and FII's and Domestic Institutional Investors (DIIs) like mutual funds, insurance and even provident funds increasing their participation in a big way.