One of the reasons for increased maturity is the variety of participants in the markets.
RavishankarCo-founder of scripbox, Ravi is a seasoned investment manager with experience of over 21 years in Indian equity markets. He also co-founded Banyan Tree Advisors - a portfolio management company and Probe Equity Research - a company providing financial analysis of unlisted companies.
At Scripbox we are strong believers in the value of stocks or equity investing as a way to grow wealth over the long-term. However, we cannot completely ignore the poor performance of Indian equities over the last 5 years. This has given rise to a lot of concern in the minds of even long-term investors.
I visited Kolar couple of weeks ago. Once famous for its gold mines, it is now more famous for its golf course on top of the ground. Mining for gold at Kolar was stopped about a decade ago. But coming as my visit did amidst raging debate about India’s balance of payments and the role of gold, I decided to ‘dig deeper’.