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Angel Broking Initiates India's Biggest Investor Guidance Seminar in Mumbai

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Angel Broking Initiates India's Biggest Investor Guidance Seminar in Mumbai

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Angel Broking Initiates India's Biggest Investor Guidance Seminar in Mumbai

Mumbai, Maharashtra, India

Angel Broking, one of India's prominent retail stock broking firms, has been in the forefront of investor education programs for several years. Encouraged by the responses it has got and taking forward its commitment to spread awareness among various classes of investors, it is now conducting a mega investor education seminar in Mumbai called "Post Budget Investment Opportunities FY'08"on March 10, 2007. This is one among many more such events that it plans to conduct across the country to spread an awareness of various wealth creation opportunities that exist during the post-budget scenario. Angel recognizes the fact that it is in such times that an investor is in dire need of advice and guidance. Such events would provide the investors with a platform to interact and exchange ideas with industry experts and practitioners.

Angel provides personalized services to its retail investors with its various value-added products such as Portfolio Advisory & Management Services and various other wealth management products including distribution of mutual funds backed by sound research. Angel has a proven track record of over five years in this wealth management space.

These seminars will guide participants on how to make the right investments at the right time, and inform them of the various opportunities that could present themselves with in the equity and commodity markets in the year ahead. Angel has also tied up with Multi-Commodity Exchange (MCX), a premier commodity exchange in India to educate investors about investing in commodities as a new asset class.

Announcing this initiative, Mr. Dinesh Thakkar, Chairman and Managing Director of Angel Broking said, "India is the second fastest growing economy in the world. Due to its low base of economy compared to its population, it has a big advantage and every prospect of sustaining the growth rate of 8% a year, despite concerns about a slowdown of the global economy. Barring a few concerns about inflation, the macroeconomic factors responsible for the secular Bull Run remain intact.

We at Angel Broking are bullish on the markets. It is my pleasure and pride to launch our Annual Investor Guidance Seminar Post Budget to be held in different parts of the country. These will focus on absolute investor education, guidance and awareness. Looking at the opportunities in our markets and the growth of our country, we believe it is high time investors are educated about the nuances of equity investments. This awareness and knowledge will help them better understand this asset, and consequently will help them create more wealth in this market. To spread this awareness across the entire spectrum of society, and to provide investors with better service, knowledge, and the chance to capitalize on big business opportunities, we are planning to open 1,000 more outlets in the next two years, and we will be holding 100 workshops and seminars across the country. The knowledge and awareness gained will empower investors and help them create wealth from the stock market. We firmly believe brokers, the media and regulators have a pivotal role to play in helping individuals become wealthy. We have joined hands with MCX to spread knowledge about commodities through our special commodity camps across the country. We will go the extra mile through these seminars and workshops to help investors manage their wealth to ensure a more rewarding future. We strive for prosperity for each individual."

Mr. Rajiv Phadke, Executive Director of Angel Broking, shared his views, "We are witnessing robust and steady growth in the business now with investors across the country showing keen interest in our high end products like Wealth Management & Portfolio Management Services. With this seminar, we are initiating a big mission of Investor Education through different platforms to increase awareness about wealth creation through long term investments based on prudent advice from experts on asset allocation as per individual risk profile, focusing on Capital Preservation. We have a target of conducting 100 such seminars / workshops across the country. Our strong e-broking platform, IT infrastructure and Quality Mind Set will ensure timely and cost effective services to our valued customers". He added that the Group's excellent Research Based Advisory & Wealth Management Services in Equities, Derivatives and Commodities segments will be very beneficial to its growing family of business associates and investors.

Addressing the audience, Mr. Rajen Shah, Chief Investment Officer, Angel Broking said, "Four Years back when this Bull Run started in April 2003 the risk free return (FD return) stood at 6% as against equity yield of 12.5% (PE was at 8x 2004 earnings).Equity at that point of time offered Immense Value. Today while the risk free return has moved up to 9.5%, equity yield had plummeted to 5.40% (at Sensex levels of 14,750, PE was at 18.5x 2008 earnings), so clearly the scenario has changed. Equity no longer is as appealing as it was then. Correction was therefore very much over due and the same has happened. We strongly feel that around 11500-12000 levels market would again start looking attractive especially in lieu of the fact that the India Growth story is very much intact. Investors, therefore instead of panicking, should indeed look out for opportunities in the current market scenario and invest with a 18-24 month kind of time frame in mind. In fact over the past four years Angel has been at the forefront of guiding Investors on Strategies they need to adopt via various Seminars on "Market Outlook & Opportunities". The Seminar on INVESTMENT OPPORTUNITIES FY08 planned on the 10th of March will guide the Investor on which strategy he needs to adopt in the current uncertain conditions prevailing in the equity market and also highlight Quality mid-caps which have taken a back seat for better part of the bull run and which could in the current changed scenario be the ones to look at very closely."

About Angel Broking

Mr. Dinesh Thakkar began his career in Broking in 1987 and later, went on to set up Angel Broking, a premium Indian stock broking and wealth management house. It focuses on retail business with proven leadership and commitment to give "Real Value For Money" to its clients. Angel is a member of the Bombay Stock Exchange and its group companies are members of the National Stock Exchange and also the country's two leading Commodity Exchanges - the NCDEX and MCX. Angel is also registered as a Depository Participant with CDSL.

Angel Group provides its value-added services to over 2,00,000 individual investors through its nationwide network of 72 branches, including 12 regional hubs, 2,300 sub-brokers/business associates and 1,800+ employees. With over 1,000 outlets connected through a state-of-the-art IT network, Angel offers world-class services with a personal touch. Angel has top-quality, retail-focused research, expert dealing facilities in broking, e-broking, commodity broking, depository services, wealth management services, a portfolio advisory and an investment advisory. Angel has a dedicated investment advisory and state-of-the-art centralized helpdesks to answer investor queries and complaints. This facility is available 24x7, with a Web-enabled, value-added back office, accompanied by a brilliant team of experts for Quality Assurance.

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Purvi Shah, Concept PR, + 91 (022) 2207 6317

Source: Angel Broking (Business Wire India)

Press release presented here is sourced from the Source mentioned above and is provided on as-is basis. Please contact the Company / Source directly for any further information in regard to this release. This website will be unable to assist you in regard to the accuracy or correctness of information in this release.

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