CEO speak

  • moneycontrol

    Oct 20, 2017

    Nifty could record 15-17% return in Samvat 2074 — 5 wealth-creating ideas

    Prakarsh Gagdani, Chief Executive Officer of IIFL Group subsidiary 5Paisa Capital, said in an interview to Moneycontrol that he is optimistic about the market in Samvat 2074 and sees the Nifty giving returns of 15-17 percent in the next one year.

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  • Business Line

    July 03, 2017

    In an interaction with BusinessLine, Prakarsh Gagdani, CEO of 5paisa.com, a subsidiary company of IIFL, outlines the company’s ambitious plans in respect of customer acquisition, and says that technology is the base that keeps costs low. He is also very bullish on the Indian capital market. Excerpts:

    With many discount brokerages in the market, what is your USP (unique selling proposition) to beat the competition?

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  • Business India

    May 22, 2017

    From an open outcry system to automated order processing, stock markets have got transformed in a big way over the years. Evolution essentially means synchronising with the times that are. And there is no better example of that than the Indian stock markets.

    A recent phenomenon that has put stock brokers into business once again is the low-cost discount broking model. The markets are increasingly shifting towards this model, thanks to a cost-conscious, clickand-tap happy clientele that they are servicing. In fact, a bulk of the trades, especially post demonetisation has shifted to the discount broking platforms.

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  • moneycontrol

    May 06, 2017

    The Indian equity market is having an unprecedented run since the past few quarters. The bulls are not losing steam even at global shocks. The domestic institutional investors are stronger than ever before.

    With the progressive Delhi policy makers firmly in shape and the best growth outlook in the world, Indian equity market valuations are touching new highs every day.

    Now the pertinent question is what does this mean for an investor at this juncture. Have we entered a prolonged bull-run that we saw in the middle of the last decade or the lofty valuations would just crash without a hint?.

    Even at high valuations, great stories are waiting to be discovered.
  • moneycontrol

    Apr 28, 2017

    “The major risks are global in nature. Ant escalation in geo-political risks, worsening global economic outlook, and US interest rate scenario would affect our markets,” Mr. Prakarsh Gagdani, CEO, 5paisa.com (a subsidiary of IIFL) told moneycontrol.com

    Although, most analysts are hesitant to put a timeframe as to when Sensex would be able to climb mount 50K, but as long as we see earnings recovery along with economic growth, investors will not be disappointed.

    “Five years ago 30,000 number was something not easily assumable, however today we are there. Similarly 50,000 number is achievable. But, instead of numbers, we must not look at the market in terms of its fundamentals, which seem pretty robust and the medium to long-term expectations are extremely positive,” said Mr. Gagdani of 5paisa.com.

    Heard on the Street! After 30K, analysts are projecting a target of 45K by 2020