Commenting on the state of markets, Bhanshali said that investors can brace for a big move on the upside followed by some more announcements on the regulatory front.
Damani is modest and wise person, he does not live in a fantasy, said Bhanshali.
In the special series, Weekender, Manisha Gupta caught up with Vallabh Bhanshali, Chairman at Enam Group, wherein he spoke about his investment experiences and also spoke about how the year went by.
Ramesh Damani sat down with Kuntal Shah, Partner of SageOne Investments, and asked him about his investment processes and how he controls emotions of greed and fear.
The uncertainty in the global economy is expect to take a toll on share prices, says Vallabh Bhanshali of Enam Securities.
Calling Budget positive Adrian Mowat of JPMorgan said the government has clearly put emphasis on kick-starting the economy, public spending and infrastructure. On fiscal deficit figure, which has been revised to 3.9 percent from 3.6 percent, Mowat said he is not worried about it.
It was a phenomenal Railway Budget compared to the earlier ones by being a visionary and a populist one, says Vallabh Bhanshali.
Crowdfunding is being used not only to raise funds for causes like art exhibitions, but also for CSR activities by NGOs. Market experts say this phenomenon should be assimilated into capital markets.
Vallabh Bhanshali, founder and chairman of Enam Securities believes it is time to change India‘s self image and create and environment for new businesses
Delhi perhaps is truly reflecting the sentiment of Indians that there is room for politics of another kind, Vallabh Bhanshali of Enam says. The Aam Aadmi Party winning 27 out of the 70 seats proves just that.
Vallabh Bhanshali, Chairman, Enam Securities Pvt Ltd says the FM has done more good than bad. One is boost to investment climate and two, initiatives like the two new corridors.
The selection committee unanimous selected the youngest son of Shapoorji Pallonji, Cyrus P Mistry, to be the new successor to Ratan Tata as the deputy chairman of Tata Sons. Even though the decision was surprising, Vallabh Bhanshali, chairman of ENAM Securities sees a rationality of this decision.
The market continues to gain confidence after stocks in Europe and the US closed higher on positive newsflow. Also, the positive start to earnings season back home has eased some of the nervousness amongst the investor community.
Vallabh Bhanshali, Chairman, ENAM Securities Pvt Ltd, says that FM has done a great justice to his image as a pragmatic person. "I think he has succeeded in fighting all the populist forces," he says.
Vallabh Bhanshali, the chairman of Enam Securities in an exclusive interview with CNBC-TV18’s Nayantara Rai got down to the nitty-gritty’s of the BP-RIL deal and what it meant for the companies and the country at large.