Wion Brave News

Sethurathnam Ravi (S Ravi) is the former BSE Chairman and founder of Ravi Rajan & Co. Presently, Sethurathnam Ravi holds the position of Non-Executive Chairman of Tourism Finance Corp. of India Ltd. and Director & Managing Partner at RRCA & Associates. Sethurathnam Ravi BSE gives his views on the declination of interest of the retail investors in stock markets. The Indian stock market has witnessed lakhs of new investors from Tier-2 and Tier-3 cities during the Covid-19 pandemic. However, this enthusiasm seems to have warned as returns from the market have flattened in recent months. From a high of 20 lakh new investors in October 2021, it has dropped to 13 lakhs in April 2022. Experts including Sethurathnam Ravi , former BSE Chairman suggests that, patience might be a virtue in these tough times. At a time when the Covid-19 pandemic and consequent lockdowns affected the economy, the stock market was one of the very few areas where the wheels were still turning. Th...

Bombay Stock Exchange - BSE Former BSE Chairman, Sethurathnam Ravi gives his views on how major sectors are impacted by the economy during the pandemic. He talks on some of the critically affected sectors in India during the pandemic wave. According to Sethurathnam Ravi, the first major sector that was affected is the real estate and construction sector. It started facing disruption during the pandemic situation as a huge number of migrant workers left for their villages. This led to a lack of required laborers for both construction and housing projects in the states and urban areas. As a result, a delay in the completion of projects was observed. As per S. Ravi, the labor unions have confirmed that more than 2 lakh migrant laborers left Delhi NCR during the lockdown and returned to their hometowns every day. This means the construction sites were working with even less than 50% workers along with other disturbing situations like shortage of raw material, and much more. Even currently...