BSE, CII convention on capital market

Mumbai: A two-day national-level convention on capital market has been organized jointly by the Bombay Stock Exchange (BSE) and the Confederation of Indian Industry (CII) to discuss ways to develop a strong and vibrant capital market in the country.

The convention, to be held on 18 and 19 December, will look at the structural and conceptual factors that influence capital market development with a view to formulating future course of actions. There will be sessions on financing equities, developing new markets and products, best practices in managing risk and compliance and the future of stock exchanges.

CII Maharashtra council chairperson Pallavi Jha said: The CII intends to highlight the critical role of Indian corporate bodies for proactively generating economic growth through the capital market on a sustained basis through this forum.

The convention will also discuss derivatives, margin trading, role of banks and brokers, scope of new instruments and institutions in equity financing and debt products distribution through stock exchanges.

BSE executive director Manoj Vaish said: The capital markets development is crucial for economic growth and stability and as a leading stock exchange, BSE is keen to take initiatives that will address the emerging issues of capital market development and growth that is essential for sustaining the intensity of economic reforms and the pace of growth.