SMC Global Securities Limited

👨🏻‍💼Our Chairman & MD Subhash Chand Aggarwal shares his insights on the upcoming Budget 2024 and its implications for the Indian economy. 🏛️With the government set to prioritize capital expenditure (capex) and fiscal consolidation, the Sensex is poised to reach new heights, potentially hitting 90,000 by the end of the year. 🗓️In an election year, balancing growth with fiscal prudence will be key. 🏗️Infrastructure investment remains a top priority, driving economic expansion and attracting private investment. 😉Stay tuned as we surf through these pivotal economic developments. 📰Read the full article on Mint to understand the detailed projections and expert opinions shaping the future of India's financial landscape. Here’s the full article: https://www.livemint.com/market/stock-market-news/expert-view-budget-2024-to-focus-on-capex-sensex-eyes-90k-by-year-end-subhash-chand-aggarwal-of-smc-global/amp-11720530141568.htmlFollow @SMC Global #Budget2024 #Economy #Sensex #Investment #Capex #smc #smcglobal #Budget2024 #Economy #Sensex #Investment #Capex #smc #smcglobal

Finance Minister Nirmala Sitharaman will make history today: she is only the second Finance Minister to present 6 budgets in a row - 5 annual and 1 interim. This is a feat achieved so far only by former Prime Minister Morarji Desai. He holds the record for presenting the highest number of Union Budgets - a total of 10! 😊 #SMC #SMCGlobal #StockMarket #UnionBudget #Budget2024 #Nirmalaseetharaman #Budget #InterimBudget #Investment #Trader #Tax #Economy #MoneyWiseBeWise #SMC #SMCGlobal #StockMarket #UnionBudget #Budget2024 #Nirmalaseetharaman #Budget #InterimBudget #Investment #Trader #Tax #Economy #MoneyWiseBeWise

The Interim Union Budget for the financial year 2024-25 is coming soon! What are your expectations? 😊 #SMC #SMCGlobal #StockMarket #UnionBudget #Budget2024 #NirmalaSitharaman #Budget #InterimBudget #Investment #Trader #Tax #Economy #MoneyWiseBeWise #SMC #SMCGlobal #StockMarket #UnionBudget #Budget2024 #NirmalaSitharaman #Budget #InterimBudget #Investment #Trader #Tax #Economy #MoneyWiseBeWise

Shining a light on the power of gold! 🌟 SMC participated at the #ASSOCHAM’s 15th International Gold Economic Forum held on 2nd December 2023, where our thought leader Mrs. Shruti Aggarwal shared her insightful knowledge. She spoke about how the Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates, along with the launch of the India International Bullion Exchange (IIBX) in Gift City, is impacting the gold industry in India. The reduction in costs due to CEPA has led to a significant increase in Indian jewelry exports to the UAE, and the IIBX is expected to bring transparency and order to the gold market, potentially making India a major player in the global gold industry. Her session shared insightful analysis such as: • CEPA making gold cheaper for Indian manufacturers, resulting in a 1% cost advantage resulting in Indian jewelry exports to the UAE being 5% cheaper compared to other competing nations, such as Malaysia and Turkey. • Cost reduction leading to a substantial 16.5% increase in Indian jewellery exports to the UAE within a year. • India International Bullion Exchange (IIBX) expected to being a game-changer for the Indian gold industry, with the potential to make India a price setter for gold globally with an aim to bring order and transparency to the gold market. In conclusion, with the right vision and initiatives, India is poised to become a leading Jeweler on the global stage. #SMCGlobal #WeLoveSMC #Assocham #Gold #IndianEconomy #InternationalMarket #GoldEconomicForum #GemsAndJewellerySector #RBI #ReserveBankOfIndia #Economy #India #ASSOCHAM #SMCGlobal #WeLoveSMC #Assocham #Gold #IndianEconomy #InternationalMarket #GoldEconomicForum #GemsAndJewellerySector #RBI #ReserveBankOfIndia #Economy #India

Our thought leader, Mr. Ajay Garg (CEO & Director SMC Global ) sharing his congratulatory note on successful completion of one month trading on Crude & Natural Gas future contract in NSE Commodities Segment with @nseindia . #SMC #SMCGlobal #Investment #StockMarket #Meme #Nifty #nse #nseindia #commoditiessegment #commodities #commoditiestrading #crude #naturalgas #finance #economy #indianeconomy #futures #futurescontract #contract

Our thought leader, Mr. Ajay Garg (CEO & Director SMC Global ) sharing his congratulatory note on successful completion of one month trading on Crude & Natural Gas future contract in NSE Commodities Segment with @NSE India . #nse #nseindia #commoditiessegment #commodities #commoditiestrading #crude #naturalgas #ShareIndia #finance #economy #indianeconomy #futures #futurescontract #contract #nse #nseindia #commoditiessegment #commodities #commoditiestrading #crude #naturalgas #ShareIndia #finance #economy #indianeconomy #futures #futurescontract #contract