Date: 18-01-2024

 Faculty of Commerce organized an interactive session titled “INVEST TODAY FOR YOUR TOMMOROW,” under the banner of Academics and Beyond. The session was conducted by an expert speaker Mr. Nishant Bali, a Chartered Market Technician Degree holder and is a proud member of the Market Technicians Association – USA. He started  the session by throwing light on financial market being the next big wave due to increasing demand, with over 14 crore de-mat accounts and 4 crore active clients, representing just 3% of Indian households. Additionally, 74% of 40 million new clients are below 35 years old. Developed nations show 45% population participation, while 25% of Indians are financially literate. Recent exchanges’ volume surge by 120% in the last 6 months indicates a growing trend.  Moving on to the mutual fund (MF) industry, less than 20% of Indians invest in MF, with a total AUM exceeding 46 lakh Crs. Monthly SIPs are over 15,000 Crs., and AUM has seen a sixfold rise in the last decade. The financial capital shift from Mumbai to Gift City is driven by factors such as the replacement of DIFS, Singapore Nifty traders, trading exclusively in dollars, abundant job opportunities, and tax holidays. He advised the students to adapt to change or risk being changed by it, to start investing early, taking inspiration from the likes of Warren Buffett. The entire session was managed by event managers under the guidance of Dr. Aashal Bhatt.