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Written by 8:37 pm Manufacturing Processes

BSE sees an opportunity in NSE’s potential listing

The Bombay Stock Exchange (BSE) CEO, Sundararaman Ramamurthy is eagerly anticipating the potential listing of the National Stock Exchange (NSE), seeing it as a unique opportunity.

As a former NSE executive, Ramamurthy expressed both pride and optimism about the listing, noting that it would be meaningful on multiple fronts. “It will give some revenue to me, it will be a matter of great pride as an ex-NSEite, and the largest stock exchange of this country getting listed with me,” he remarked. The potential listing, he believes, will be a source of significant value for the BSE.

He has also projected an optimistic outlook for Samvat 2081 expecting a prosperous year ahead for investors.

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Ramamurthy cited robust market fundamentals, including significant mutual fund contributions and favourable economic indicators, as key factors driving this positive forecast. “Any parameter – whether it is capital raising, gross domestic product (GDP) growth, or even the monsoon – everything appears positive. Therefore, it is a clear estimate that 2081 will be a bountiful year for investors,” he said.

Ramamurthy also highlighted the continued enthusiasm from new investors, driven by the favourable demographic profile of the country, steady GDP growth, and controlled inflation. “The youth are increasingly participating in financial markets and mutual funds, driven by the ongoing financialisation of their savings. This demographic shift is supporting a strong, disciplined inflow of investments into mutual funds, with systematic investment plans (SIPs) remaining popular,” he said.

Addressing the rising activity in the Futures and Options (F&O) market, Ramamurthy acknowledged the importance of responsible participation, especially for new investors. He emphasised the strong regulatory framework established by the Securities and Exchange Board of India (SEBI), which has prioritised investor protection and contributed to the steady development of India’s financial markets. “The regulatory efforts have made it possible for the growth and protection of investors, which is a significant achievement,” he added.

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Ramamurthy offered advice to investors, emphasising the importance of informed decisions in trading. “You need to understand what you trade and trade what you understand. If one of those conditions is not fulfilled, avoid participating. Assess your risk appetite carefully and trade accordingly,” he said.

For beginner investors, Ramamurthy recommended mutual funds, particularly large-cap funds, as a safer option. Collective investment schemes, like mutual funds, are managed by professionals who handle diversification and portfolio adjustments for investors. It’s a suitable route if one is unfamiliar with market risk and looking to invest safely, he concluded.

For more, watch the accompanying video

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