On the 19th of September, 2014 the Corporate Relations Committee of SIMSREE organized a ‘Corporate Connect’ session wherein ten students got a chance to interact with Mr. Bhavin Sanghavi (Associate Director at BNP Paribas Securities India Pvt. Ltd.). Mr. Bhavin Sanghavi is a Chartered Accountant and has vast experience in capital markets and risk management.
The interactive session held at his office helped students of SIMSREE to get an insight into the functioning of capital markets. Sir spoke about his journey in this industry and shared some of his experience over the years.
The session started with a discussion on the recent trends in the finance industry. Sir emphasized upon the fact that change in investor sentiments towards India after the election of a stable government at the centre has resulted in a high amount of foreign capital flowing into the country. He stated the role and importance of FIIs for an emerging economy like India. For young investors, Sir stated the importance of conducting an in-depth fundamental research of a company before making any investments. He advised the students to concentrate on certain companies or sectors, study the reports and follow their stock prices on a regular basis before investing.
Sir then spoke about the various derivative instruments available and the pros and cons of each of them. He explained the risks associated with the use of derivative instruments as a tool for excessive speculation stating the example of the financial crisis of 2008.
Sir explained how dedicated apps and online portals have made it very easy and convenient for people to invest in the markets and this has resulted in a direct connection between the brokers and the investors. Furthermore, he also answered questions on topics such as Mark to Market, Asset Management, Bargain Hunting, High Frequency Trading and e-commerce.
He ended this knowledge sharing session by advising the students to have patience and self-belief and to be persistent in their efforts. He also spoke about the importance of balancing work and family life. All in all, it was a very fruitful session for all the students who got the opportunity to interact with him. We thank Sir for his time and his valuable inputs.
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