One Jane Street does not mean Sebi will throw baby out with bathwater; wealth management stocks in, brokerage out: Ajay Srivastava
Ajay Shrivastava of Dimensions Corporate believes the Indian market will continue to grow. He says penalizing wrongdoers is important. However, overregulation could hurt growth. He suggests wealth management firms are better investments than pure brokerages. He advises investors to be cautious and buy wealth management stocks at cheaper valuations. The F&O market provides depth, and its potential is vast.