Forum Views - November 2023

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BOMBAY STOCK EXCHANGE BROKERS' FORUM (BBF) | MUMBAI, INDIA

NOVEMBER 2023 | VOLUME: 12 • ISSUE NO. 8 •

Bombay Stock Exchange Brokers’ Forum (BBF)

conducted a one-day virtual event on October 10 for the

Indian & Global Investors

Our gratitude to the Support Partners

Unlocking the Data-Driven Future

Distressed Debt Opportunities

Accelerate ESG Maturity of a Business

India's Renewable Energy Aspirations

INSIDE

Fund Management Regulations (IFSCA)

SEBI’s Power of Directing Disgorgement

Psychology of Investor Behaviour

Empowering Women towards Personal Financial Control

*Logos are placed alphabetically

FORUM VIEWS - NOVEMBER 2023

EXECUTIVE COMMITTEE

GOVERNING BOARD MEMBERS

BOMBAY STOCK EXCHANGE BROKERS’ FORUM (BBF)

GOVERNING BOARD 2023 - 24

FORUM VIEWS - NOVEMBER 2023

Ajit Sanghvi

MSS Securities

Pvt. Ltd.

Cyrus Khambata

Paytm

Money Ltd.

Ashish Rathi

HDFC

Securities Ltd.

Harin Mehta

M/s. V. C.

Mehta

Kamlesh Jhaveri

Jhaveri

Securities Ltd.

Ketan Marwadi

Marwadi Shares

& Finance Ltd.

Rajiv Kejriwal

SBICAP

Securities Ltd.

Neeraj Choksi

NJ India

Invest Pvt. Ltd.

Parth Nyati

Swastika

Investmart Ltd.

Dr. Pravin Bathe

Angel

One Ltd.

Purav Fozdar

Axiom Share

Broking Pvt. Ltd.

Kranthi Bathini

WealthMills

Securities Pvt. Ltd.

Vivek Gupta

GEPL Capital

Pvt. Ltd.

Virender Mansukhani

Mansukh Securities

and Finance Ltd.

Uttam Bagri

BCB Brokerage

Pvt. Ltd.

Tejas Khoday

Fyers Securities

Pvt. Ltd.

KISHOR KANSAGRA

Chairman | BBF

Pragya

Securities Pvt. Ltd.

KUSHAL SHAH

Jt. Secretary | BBF

Ratnakar

Securities Pvt. Ltd.

RAJIV CHOKSEY

Treasurer | BBF

KR Choksey Shares

& Securities Pvt. Ltd.

ANURAG BANSAL

Vice Chairman | BBF

SMC Global

Securities Ltd.

NIRAV GANDHI

Secretary | BBF

JM Financial

Services Ltd.

Saurabh Jain

SSJ Finance &

Securities Pvt. Ltd.

S. P. Toshniwal

Sunlight

Broking LLP

Roopkishor Bhootra

Anand Rathi Shares &

Stock Brokers Ltd.

Santosh Jayaram

GROWW

Shripal Shah

Kotak

Securities Ltd.

Ajay Kejriwal

Choice Equity

Broking Pvt. Ltd.

BBF

Events

BBF'S INDIA INVESTOR SHOW 2023,

A VIRTUAL EVENT, HELD UNDER THE

AUSPICES OF SEBI AND IFSCA

Disclaimer: This magazine is meant for information purposes only and does not constitute any opinion or guidelines or recommendation on any course of action to be followed by the reader(s). It is not intended to be used as trading or

investment advice by anybody and should not in any way be treated as a recommendation. The information contained in this magazine does not constitute or form part of and should not be construed as, any offer for purchase or sale of

any product or service. While the information in the magazine has been compiled from sources believed to be reliable and in good faith, readers may note that the contents thereof including text, graphics, links or other items are

provided without warranties of any kind. Bombay Stock Exchange Brokers' Forum (BBF) expressly disclaims any warranty as to the accuracy, correctness, reliability, timeliness, merchantability or fitness for any particular purpose, of

this magazine. Bombay Stock Exchange Brokers' Forum (BBF) shall also not be liable for any damage or loss of any kind, howsoever caused as a result (direct or indirect) of the use of the information or data contained in this magazine.

Any alteration, transmission, photocopied distribution in part or in whole or reproduction of any form of this magazine or any part thereof without prior consent of Bombay Stock Exchange Brokers' Forum (BBF) is prohibited.

Concept, Production and Editorial: Dr. VISPI RUSI BHATHENA, PhD (h.c.)

Editor & Publisher: Dr. V. ADITYA SRINIVAS

Design & Layout: HARSHAD GAJERA

Printing Press: KSHITIJ PRINTERS, 49, Parsi Panchayat Road, Ashok Ind. Estate,

1st Floor, Andheri (East), Mumbai - 400 069

Write to us: We would be happy to hear from you! Do send in your suggestions, feedback and comments

via email to team@brokersforumofindia.com | Visit us: www.brokersforumofindia.com

BBF Steering Committee

Kishor Kansagra (Chairman)

Anurag Bansal (Vice Chairman)

Nirav Gandhi (Secretary)

Rajiv Choksey (Treasurer)

Kushal Shah (Jt. Secretary)

@bbfindia

/bbfindia

/Bsebrokersforum

/bbfindia

FORUM VIEWS - NOVEMBER 2023

Global

Insights

UNLOCKING THE DATA-DRIVEN FUTURE:

NAVIGATING CHALLENGES, EMBRACING

PERSONALIZATION, AND CULTIVATING

THOUGHT LEADERSHIP

Your Questions

Answered

FAQs ON FUND MANAGEMENT

REGULATIONS (IFSCA)

ILL-GOTTEN GAINS ARE LIKE SNOW

THAT IS SPRINKLED WITH HOT WATER:

SEBI’S POWER OF DIRECTING

DISGORGEMENT

IN JUNE 2023, THE US DISTRESSED

DEBTS ROSE 300 PERCENT IN 12 MONTHS

TO A STAGGERING $650 BILLION

HOW SYSTEM THINKING CAN

ACCELERATE ESG MATURITY

OF A BUSINESS

DRIVING INDIA'S RENEWABLE ENERGY

ASPIRATIONS: LOCAL ENERGY MARKETS

SUPPORTED BY BLOCKCHAIN

30 Insights

THE PSYCHOLOGY OF INVESTOR BEHAVIOUR: WHY

RETAIL INVESTORS STRUGGLE IN THE STOCK MARKET

COMPLIANCE

CALENDAR

Regulatory

Compliance

EXPLORING VEGANISM: A COMPASSIONATE

AND SUSTAINABLE LIFESTYLE

AYURVEDIC WISDOM FOR RELIEVING

CONSTIPATION: A HOLISTIC APPROACH - PART 2

Leadership,

Empowerment & Lifestyle

32 Feature

EMBRACING NAVRATRI: CONQUERING FEAR AND

EMPOWERING WOMEN TOWARDS PERSONAL

FINANCIAL CONTROL

EXPEDITING SUSTAINABLE DEVELOPMENT:

SOME INSIGHTS

TIPS TO TAKE CARE OF YOUR BONE AND JOINT HEALTH

Living Health

Matters

FORUM VIEWS - NOVEMBER 2023

Dr. Vispi Rusi Bhathena, PhD (h.c.)

Chief Executive Officer

Dr. V. Aditya Srinivas

Chief Operating Officer

and Chief Economist

Markets and economy on strong footing: It appears that the Indian stock markets are currently experiencing

some volatility due to global central banks signalling a prolonged period of high interest rates. The US Federal

Reserve and the Bank of England have both indicated that they will maintain high interest rates for the foreseeable

future. This has led to a correction in the Indian stock markets, with a decline of around 2000 points.

However, despite this volatility, the Indian economy's fundamentals seem to be on a strong footing. The GST

collection exceeding INR 1.6 lakh crore suggests that economic activity is robust. The Reserve Bank of India (RBI)

has also decided to keep interest rates unchanged, with the Repo rate remaining at 6.5%. This decision may have

been influenced by a decrease in inflation from 7.44% to 6.83%, which provides some relief to the RBI. Additionally,

the Index of Industrial Production (IIP) has shown a significant increase from 3.7% to 5.7%, indicating rising demand

in the manufacturing sector.

F R O M

T H E

BBF SECRETARIAT

One positive aspect is that domestic mutual funds in India have been consistently investing in the stock markets. In

2023, they have invested around INR 1,13,000 crores, and the strong monthly Systematic Investment Plan (SIP)

flows of around INR 15,000 crore suggest that retail investors have confidence in the long-term growth prospects

of the Indian economy.

Overall, while there may be short-term challenges and market volatility due to global interest rate trends, the

strong economic fundamentals and continued investor confidence suggest that the Indian economy is well-

positioned for long-term growth.

BBF's commitment during SEBI IOSCO World Investor Week 2023 celebrations: In today's rapidly evolving

financial landscape, understanding the intricacies of investment is crucial for individuals looking to secure their

financial future. To promote financial literacy and empower investors, market infrastructure institutes all over India

contribute to the initiatives of SEBI World Investor Week celebrations.

BBF is dedicated to educating and enlightening individuals about the world of investment through a unique

approach of study visits - visiting financial institutions, stock exchanges, and investment firms can provide a deeper

insight into the functioning of financial markets. Through these study visits, participants gain valuable knowledge

about investment products, market dynamics, and risk management strategies. This firsthand exposure

demystifies the world of finance and empowers individuals to make informed investment decisions.

Furthermore, investment education is an ongoing journey as we continue to offer year-round programs and

resources to help individuals enhance their financial literacy and investment acumen. This commitment to lifelong

learning ensures that investors are well-prepared to navigate the ever-changing financial landscape.

FORUM VIEWS, NOVEMBER 2023 edition

From

to You...

BBF

FORUM VIEWS - NOVEMBER 2023

BBF conducted OVER 30 SEMINARS towards investor

education and awareness initiatives which were attended

by MORE THAN 1350 participants.

FORUM VIEWS - NOVEMBER 2023

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