On November 9, 2024, the Commodity Participants Association of India (CPAI) held an influential convention to discuss the “Viksit Bharat 2047” vision, marking a significant milestone in India’s financial journey.
Attended by the nation’s top brokers, large banks, leading fintech companies, and elite high-net-worth investors, the convention brought together industry leaders, policymakers, and veteran investors to discuss the investment climate and financial landscape of India as it aims to become a fully developed economy by 2047.
As the convention progressed, it generated a palpable sense of optimism. This was tempered in the side-lines by a clear understanding of the need for regulatory consistency and investor-friendly policies. India’s equity markets offer seasoned investors a unique opportunity. Newcomers will also continue to join in this historic journey of India Growth Story.
The event comprised Key Note speakers, panel discussions, fireside chats, and award ceremonies. Each segment offered insights into trends, challenges, and investment opportunities in the Indian market.
Attendees explored a wide range of topics. They examined macroeconomic conditions. They also looked into emerging technologies and the growing influence of fintech in democratizing wealth. Notably, veteran investor Mr. Ramesh Damani shared his insights on the importance of value investing. He emphasized staying committed to fundamentally strong stocks amidst market turbulence. On the side-lines, participants expressed concerns on over-activism in regulatory changes negative impacting investors sentiments particularly Foreign Institutional Investors (FII).
The convention also recognized key players who have made significant contributions to the development of India’s capital markets, presenting awards to institutions and individuals who have fostered growth, innovation, and resilience in the industry.
A highlight was the award given to the National Stock Exchange the world’s largest equity exchange by trading volume. The NSE’s efforts in driving market accessibility, enhancing transparency, and facilitating retail participation were widely applauded, positioning it as a critical player in India’s journey towards financial inclusion.
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