December 23, 2024 05:57 pm (IST)
Religare Broking unveils smart investment strategies for investors in Kolkata
Kolkata, July 17 (IBNS): Religare Securities Limited (RSL), the retail broking arm of Religare Enterprises Limited (REL), a diversified financial services group, on Thursday organized a gathering of investors in the city and discussed smart investment strategies to capitalize on the post budget market buoyancy.
In an interaction with over 200 investors and financial advisors that lasted for over two hours, a team of senior professionals from Religare detailed out a well-researched, insightful and incisive presentation on key proposals of the 2014-15 budget and the likely impact on various sectors of the economy.
Commenting on the initiative, Jayant Manglik, President Retail Distribution, Religare Securities Ltd. said, “It has always been our endeavor to simplify the complex. As always we have looked at the Union Budget carefully and decoded it in the best interest of investors with a view to work out smart investment strategies for them. Markets are looking exciting and we are sure that the budget with its initial steps will go a long way in charting out a roadmap for the long term growth and recovery of the Indian economy.”
The post budget note from Religare Broking further elaborated that the tone set by the budget was certainly upbeat with a focus on growth, job creation and attracting investments.
It added that tax breaks for the middle-class should help in increasing discretionary spends while buoyant equity markets will provide the right platform for disinvestment of government holdings in PSUs, raising much needed capital.
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