Excelsior Correspondent
JAMMU, Aug 8: Sharekhan Limited, a retail stock brokerage house with a strong online trading platform organized a seminar on current market conditions and Sharekhan Research or Advisory Products.
Speaking on the occasion, AVP (BPG- Advisory), from Sharekhan Limited, Mehul Dedhia, said that in the past Sensex had given superior returns against all odds and corporate profits were the sole driver of growth in Sensex, which are expected to grow CAGR 18% in next five years.
He said that even at 26000 Sensex level there are many investment opportunities in market due to stable and pro-growth Govt at Centre and stable domestic and global economy.
Dedhia further said that the recent budget had enough to boost confidence of investor and corporate India due to efforts taken to boost investments in infrastructure and avoid populism. He said current Valuations are at comfortable level (15.5x one-year consensus earnings) and corporate earnings growth expected to revive, suggesting 100 % upside in next three years.
Sharekhan Ltd has its presence across the Nation with more than 1700 ‘Share Shops’ in 550 cities and serving more than 10,00,000 customers. It also has international presence through its branches in the UAE. Sharekhan offers various services like trade execution facilities for cash as well as derivatives on BSE and NSE, depository services, mutual funds, initial public offerings, commodities trading on MCX and NCDEX and current trading facilities on NSE, USE and MCX-SX, to all type of customers-individual investors and traders, corporate, institutional and NRIs.
Sharekhan provides all these multidimensional services in Jammu through their outlets at Bahu Plaza, Panjbakhtar Road, Bakshi Nagar Jammu and Chopra Shop Udhampur.
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