Monday, December 20, 2010

IIFL conducts Investor Meet in Belgaum

IIFL (India Infoline Ltd), the leading one-stop financial services provider organized an Investor Meet in Belgaum today in order to share their perspective about the basics of investing and the road ahead for Indian stock markets, on the backdrop of renewed vibrancy in equity stock market.



IIFL is one of the largest financial services organizations in the country and is one of the leading players in the online broking space with a network of over 2,700 business locations across over 450 cities.


Retail investors from the city of Belgaum attended the conference. Lasting for over 2 hours, stock market experts, Mr. Rajiv Kalebar, Faculty in KLE’S IMSR spoke on overview of capital markets, risk and rewards, investment avenues, equity returns over other asset class, trading options, ETFs while IIFL spokespersons answered questions during a very interactive session on the Indian stock markets.



Speaking to the media, Mr. S C Patil, Territory Manager, IIFL, said, “Karnataka in general and specifically Belgaum is blessed with a populace which is very receptive to stock market investing and is extremely market savvy. We have great plans for Karnataka and have expanded our network to ensure that we are present wherever the retail investor needs us across the state of Karnataka.”



“We held this investor meet in order to educate the retail investor about the nuances of investing in the stock markets. We understand that the retail investor needs to be educated about the markets and this series of conferences across India is our contribution towards an educated retail investor base.


The India growth story is still very much intact with a reassuring GDP growth in Q2 FY11. Though the stock market could remain volatile in the near term due to global issues and recent domestic scams, we expect healthy upside in the longer term. ” added Mr. Patil.