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BEYOND MANDI
VISITS NAGPUR
Nirmal Bang Commodities Pvt Ltd, in association with Zee Business, had organized Beyond
Mandi, the investor education camp at Hotel Centre Point in Nagpur on 22nd July with the aim
to educate traders and investors on the art of investing in commodities by bringing market
participants and industry experts on a common platform and thus helping the former to take right
investment decisions through sharp insights and guidance.
At the camp, Anjani Sinha, MD & CEO of the National Spot Exchange and Kunal Shah, Head –
Commodity Research at Nirmal Bang Commodities Pvt Ltd deliberated about the immense
opportunities in the commodities complex. Purshottam Kawade, president of the Maharashtra
Suvarnakar Association was also present on the occasion.
Amish Devgan started the event by introducing the panelists and explaining the objective behind
the camp.
Anjani Sinha,
MD & CEO of NSEL
Anjani Sinha is the MD & CEO of National Spot
Exchange Ltd (NSEL). He has over two decades of
experience and deep knowledge of commodity derivatives
and spot markets. His previous stint was with the Ahmedabad
Stock Exchange. Prior to that, he was associated with
the Bombay Commodity Exchange Ltd, Interconnected
Stock Exchange of India Ltd (ISEI) and Magadh Stock
Exchange.
Traders and investors can take advantage
of the opportunities in commodity
complex by using expert guidance and
timely advice
Amish Devgan,
Commodity Editor and
Anchor at Zee Business
The first speaker of the day, Anjani Sinha informed the audience about MCX and
how it has become one of the premier commodity exchanges in India. He further told
them about the various products offered by the exchange and also its plans to launch
new instruments to meet investor needs.
“MCX-promoted NSEL has also launched certain instruments in the e-series segment
for small and retail investors. One of them is e-gold, which is gaining popularity since
it is easily convertible into physical gold and subsequently into jewellery and can be
stored conveniently,” said Sinha.
He added that e-gold would benefit those who seek to invest systematically or those
who want to save money for important events like marriage. Other e-series products
include e-gold, e-silver, e-copper, e-lead and e-zinc. NSEL plans to take the total
number of commodities in the e-series segment to 20.
Sinha also dwelt on the benefits of NSEL, especially the way it has helped the people
of Vidarbha in trading in cotton. He said commodity traders can also avail of the
Warehouse Receipt Financing from banks empanelled with NSEL against commodities
deposited in the warehouses.
Beyond Market 10th Oct ’11 It’s simplified... 49