Business · Markets · 1 day ago
NSE chief expects faster Indian growth and renewed foreign investment
NSE chief Ashishkumar Chauhan expects India's economy to grow faster in the coming year.
He said the country’s GDP grew 7.5% year on year and that strong economic fundamentals support further growth.
Chauhan said India is managing fiscal pressures despite importing nearly 85% of the oil it uses.
Domestic savings of about $1.4 trillion a year help support investment in Indian markets.
Foreign institutional investors are showing renewed interest, which Chauhan described as a positive sign for the coming Samvat year.
The NSE is upgrading its website and app and using AI to provide retail investors with more information and analysis.
The exchange is also expanding financial education, while urging investors to focus on long-term investing and understand the risks before trading.
NSE Managing Director and CEO Ashishkumar Chauhan expects India’s economy to grow faster in the coming year.
He said foreign institutional investors are showing renewed interest in Indian markets ahead of the new Samvat year.
Chauhan cited 7.5 per cent year-on-year GDP growth and strong domestic savings as supports for the economy and markets.
He said the NSE is using artificial intelligence and upgrading its website and mobile app for retail investors.
He urged investors to focus on long-term investing and avoid speculative trading without understanding the risks.
- Who
- Ashishkumar Chauhan, Managing Director and CEO of the National Stock Exchange.
- What
- He said India’s economy is expected to grow faster and foreign investors are again favouring Indian markets.
- When
- He made the comments during Muhurat trading and Deepawali, ahead of the new Samvat year.
- Where
- At the National Stock Exchange.
- Why
- He cited strong macroeconomic fundamentals, including GDP growth and domestic savings, as supports for growth and investor confidence.
This story does not have two clearly opposing sides.
The NSE strengthened its technological capabilities and achieved nanosecond-level response times, Chauhan said.
Chauhan discussed India’s growth outlook and renewed foreign investor interest at the NSE.
- GDP growth
- 7.5 per cent year-on-year
- Oil imports
- India imports nearly 85% of the oil it consumes
- Domestic financial savings
- Nearly USD 1.4 trillion annually
- Investor seminars
- Reach 10 to 15 lakh investors
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What people are saying
India continues to be the fastest-growing large economy in the world
Crucially, foreign institutional investors (FIIs) have also started favouring Indian markets again, which serves as a very good omen for the upcoming Samvat year
Believe in long-term investing rather than short-term tips.