Nuvama Wealth Management Limited CC-Dec24.pdf · 2025-02-03
I just have one clear question to ask. You mentioned in your opening remarks, that there may be some postponement of flow activity or deal activity. And earlier in the call, you also talked about how January has been relatively steady. I am just re-clarifying this part, again, like do we see some postponement of flows given capital market activity slowing down. So not a lot of promoters unlocking value, not a lot of ESOPs getting encashed. So does that kind of likely reduce flow activity until the markets kind of like settle down a bit? Or how should we kind of think about flows going forward? Medium term, I take your point, like it's probably irrelevant, but like more in the 6 months' timeframe.
Understood. And second question was on just your clearing - F&O clearing business. There's been a slew of kind of regulatory changes, but not a lot of like real impact on the premium s traded. So how is that business kind of shaping up? You mentioned -- last time we have spoken, you had mentioned that you have a long pipeline of new clients, hedge funds that you want to add as well. So, any outlook that you can give per for the coming year for that part of the business?