Motilal Oswal organizes 7th edition of MOBIC; celebrates 'MARKET KA AMRIT KAAL
29th July 2024, Mumbai: Motilal Oswal Financial Services (MOFSL) had organized the 7th edition of the Motilal Oswal Business Impact Conference (MOBIC) in Mumbai on July 27th and 28th, 2024, continuing its tradition of inspiring and engaging its ever-expanding franchise network across the country, as well as to recognize excellence in broking and services.
Despite global headwinds the Indian stock market has been resilient, and thus this year's MOBIC theme is centered around 'MARKET KA AMRIT KAAL', celebrating the upcoming growth wave of the stock market. The event theme acknowledged Amrit Kaal across sectors such Manufacturing, Pharma, Defense, Infra, FMCG and Automobile among others.
The two-day MOBIC opened with a special address by Mr. Motilal Oswal, Group MD & CEO of MOFSL providing a view on how India continues its tag of fastest growing economy, and is expected to outperform all major emerging and advanced economies.
Mr. Raamdeo Agrawal, Chairman & Co-Founder, MOFSL and
Mr. Sankaran Naren, CIO, ICICI Prudential Mutual Fund at Motilal Oswal's 7th edition of MOBIC
Speaking at the successful 7th edition of MOBIC, Mr Motilal Oswal, MD & CEO of Motilal Oswal Group, said, " The recent increase in DEMAT account registrations in India reflects Indians' growing interest and conviction in Indian equity markets. Indians are more prepared than ever to contribute and at the same time benefit from the country's growth. The responsibility for facilitating the participation falls on us and our business partners—the key players in the stock market. Our responsibility is to raise awareness about this unprecedented growth, which will also fuel expansion in key industries such as pharmaceuticals, green energy, and automobiles."
Mr. Ajay Menon, MD & CEO- B&D, MOFSL, said, "The India story continues to be strong, as investor sentiment toward Indian stock remains positive. India's growth potential among emerging markets is reflected in the IMF's projection of the GDP growth for this fiscal year, with India expected to outperform all major emerging and advanced economies. The Indian stock market is booming, and more investors should seize this opportunity to invest in Indian equities, which are the bright spots in a fragile global economy."
Mr. Gaurav Manihar, Director, Head – Business Alliances, MOFSL said, "We are uniquely positioned to provide a robust ecosystem for business owners who advise clients based on their profiles and with a "client first" mindset. This will result in a win-win situation for all parties involved, including Motilal Oswal, customers, and business owners, our franchisees.".
Day 1- The power-packed sessions featured industry stalwarts such as Mr. Motilal Oswal - MD & CEO, MOFSL, Mr. Ridham Desai, MD, Morgan Stanley India, Mr. Chirag Setalvad, Head-Equity, HDFC AMC, Mr. Sandeep Tandon, Founder Quant Group, Mr. Niket Shah, CIO MOMF, AMC along with investment experts like Mr. Vijay Mantri, Mrs Pooja Makhija, Celebrity Nutritionist and Author, Mr. Madhusudan Ekambaram, Co-Founder & CEO, KreditBee, Mr. Sanjeev Sanyal, Economist, Principal Economic Advisor- Govt of India. Day one ended with a powerful panel discussion with Mr. Raamdeo Agarwal - Chairman, MOFSL and Mr. Sankaran Naren, CIO, ICICI Prudential, moderated by Deepanshu Bhandari of Zee Business.
Day 2 – Featuring experts such as Mr. Gautam Duggad, Director & Head of Research, Institutional Equities, MOFSL, Mr. Vivek Gadodia, Founder & CEO, RBT Algo Systems, and Former Indian Cricketer Mr. Navjot Singh Sidhu
The 7th edition of MOBIC had a successful run with tremendous contributions from Industry experts & entrepreneurs talking about the immense potential that India holds as an economy and sharing their insights on the rise of Amrit Kaal. The event was attended by more than 1800+ people.
About Motilal Oswal Financial Services Limited:
MOFSL is a financial services company. Its offerings include Wealth Management, Capital Markets (Institutional broking & Investment banking), Asset & Wealth Management (Asset Management, Private Equity & Wealth Management), Housing Finance & Equity based treasury investments. MOFSL employs 12,500+ employees serving approx 5M customers via distribution reach in 550+ cities. MOFSL has Assets Under Advice of Rs. 5.0 Lakh Crores.
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