Business Standard

Retail trading volumes may bolster momentum: Centrum Broking's S Nayak

Centrum GalaxC will leverage Centrum Group's expertise in wealth management, insurance, and banking to provide schemes for wealth growth, management, savings, and security, said Nayak

Sandeep Nayak
Premium

Sandeep Nayak, chief executive officer for retail at Centrum GalaxC

Puneet Wadhwa New Delhi
The market’s momentum seems to have hit a roadblock amid multiple headwinds. SANDEEP NAYAK, chief executive officer for retail at Centrum GalaxC will leverage Centrum Group’s expertise in wealth management, insurance, and banking to provide schemes for wealth growth, management, savings, and security, tells Puneet Wadhwa in a phone conversation that although individual investors have regularly booked profits thus far in 2023–24 (FY24), they have still maintained their long-term systematic investment plans (SIPs), signalling signs of maturity and the ability to manage volatility. Edited excerpts:

How do you see fortunes playing out for the broking industry in the remaining part

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 28 2023 | 6:10 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com