Your face and our sister channel CNBC Awaaz is going to complete 20 years. 13 January 2005 was the day when CNBC-Awaaz started as a channel. This was the period when the meaning of business and share market in the country was English. At that time, it was a big thing for such a channel to come and make its place in Hindi. We can say with full confidence that CNBC Awaaz has been the architect of the equity revolution in retail in the last 20 years. CNBC Awaaz has played a major role in bringing equity culture to small towns. We are celebrating this memorable JOURNEY of ours. Joining us is Manish Chokhani, Director of Anom Holding, who has been with us for the last 20 years and has been sharing great ideas for investor prosperity.
FD has been giving higher returns in the market
Manish Chokhani, while talking to Anuj Singhal, Managing Editor of CNBC Awaaz, said that CNBC Awaaz has done a commendable job in spreading awareness. He said that the market will continue to give good returns in future also. FD has been giving higher returns in the market. Today there are about 18 crore demat accounts in India. Better asset allocation increases safety in a downturn.
These 4 stocks will add a touch of profit in the rising market, you will earn huge profits by buying stocks from different sectors.
Keep midcaps in your portfolio with caution
Regarding wealth creation in the market, Chokhani said that people have emphasized on wealth creation by taking risks. One should invest in good companies. Midcaps should be kept in the portfolio with caution. The security of investment in large cap shares is higher. India can become a large cap in the whole world in the next 20 years. Correction comes in the market after a big rise. There is a slowdown in the consumption cycle and uncertainty in global exports.
India capable of going through every kind of global uncertainty
Manish Chokhani said that the capex cycle has softened. Capex has not expanded as expected. India is capable of going through every kind of global uncertainty. Index leaders are always changing. Earnings growth has not been as expected. It is important to adopt new technology with time. The next 20 years will be about IP products and technology.
20 years of Awaaz: Amritkal of prosperity
If we look at the figures, 20 years ago in 2005, the number of demat accounts used to be 70 lakh, which has now increased to 19 crore.
The size of MF industry used to be Rs 8.4 lakh crore 20 years ago in 2005, which has now increased to Rs 69 lakh crore.
20 years ago in 2005, the price of gold was Rs 6500, today its price is Rs 72000 per ten grams. Whereas in 2005 the price of silver was Rs 11000, today its price is Rs 77000 per kg.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always seek expert advice before investing money as an investor. Moneycontrol does not allow anyone to It is never advised to apply here.)