Voice Of Capital Market

Association of NSE Members of India (ANMI)

Formerly known as Association of National Exchanges Members of India

President's Message

National President’s Message – May 2026

“Strong institutions are built through trust, collaboration, and the collective ability to adapt, innovate, and lead during changing times.”

Dear Members,

Greetings from ANMI.

The Indian capital markets continued to demonstrate resilience during May 2026 amidst evolving global economic conditions, geopolitical developments, fluctuations in crude oil prices, and changing investor sentiment. As reflected in various market analyses and exchange updates during the month, the markets witnessed phases of consolidation, sectoral rotation, and selective buying interest, while domestic institutional participation continued to provide stability to the overall market environment.

Banking, financial services, auto, healthcare, and capital goods sectors remained key contributors to market momentum, while investor focus continued economic growth, policy measures, and technological innovations within the financial ecosystem.

Amidst this dynamic environment, ANMI continued its efforts towards strengthening industry engagement, investor awareness, and collaboration with regulators, exchanges, and market participants. As the representative voice of market intermediaries across the country, ANMI remains committed to constructive engagement and meaningful contribution towards the development of India’s financial ecosystem. I am also pleased to share that I have been elected as the Co-Chair representing ANMI on the ISF for the year 2026–27. This responsibility provides an important opportunity to contribute towards meaningful industry dialogue, collaborative policymaking, and the continued strengthening of India’s financial markets ecosystem.

During the month, As part of our continued engagement with key stakeholders across the Indian securities market ecosystem, I had the privilege of felicitating several distinguished industry leaders including Shri. Tuhin Kanta Pandey, Chairman, Securities and Exchange Board of India; Mr. Sandip Pradhan, Whole Time Member, Securities and Exchange Board of India Mr. Ashish Kumar Chauhan, MD & CEO, National Stock Exchange of India; and Ms. Latika Kundu, MD & CEO, Metropolitan Stock Exchange of India

These interactions further strengthened ANMI’s commitment towards constructive dialogue, collaboration, and industry development.

In another important engagement, along with Mr. Ashish kumar Chauhan, MD & CEO, NSE, I had the privilege of felicitating Mr. Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister, on 6th May 2026 at NSE, Mumbai. Such interactions provide valuable opportunities to exchange perspectives on India’s economic outlook and the future growth of the capital markets.

On Thursday, 7th May 2026, I had the honour of attending the Bell Ringing Ceremony held in the presence of Mr. To Lam, General Secretary and President of Vietnam. The ceremony reflected strengthening international economic and business relations and highlighted India’s growing prominence in the global financial ecosystem.

ANMI also actively participated in several important industry forums during the month, including FICCI’s 1st Edition of the Financial Products Distribution Summit, IMC Banking & Financial Services Conference and Cyprus–India Presidential Business Forum held in Mumbai. These engagements provided valuable opportunities for dialogue on the evolving financial landscape, investment opportunities, financial inclusion, and the future of India’s capital markets.

I am pleased to share that the ANMI Northern Region successfully organised the “ANMI-NR Rajasthan Chapter Members Meet & Interactive Session on Latest Updates on Developments at NSE” on 8th May 2026 at Holiday Inn Express & Suites, Jaipur. The programme witnessed active participation from members and industry professionals and served as an important platform for knowledge-sharing and networking.

Further strengthening ANMI’s research-oriented initiatives, the ANMI Northern Region successfully organised the 1st Meeting of its newly formed “Economy and Market Study Committee” at the NSE office, New Delhi on 15th May 2026. This initiative reflects ANMI’s continued focus on developing informed market perspectives and encouraging analytical discussions on economic and market developments.

Continuing our commitment towards investor education and awareness, the ANMI National Secretariat successfully organised a webinar on “Electronic Gold Receipts (EGRs)” on 13th May 2026. The webinar assumed greater significance as Electronic Gold Receipts have emerged as an innovative investment avenue, enhancing transparency, accessibility, and efficiency in gold investments within the organised financial market ecosystem.

 Further strengthening its investor outreach and knowledge initiatives, the ANMI National Secretariat also organised a webinar on “Online Bond Platform Provider (OBPP): Transforming Retail Bond Distribution” on 27th May 2026, which witnessed enthusiastic participation from members across the country and provided valuable insights into the evolving retail bond distribution landscape.

 As we move ahead, ANMI shall continue to work proactively towards strengthening the capital market ecosystem through collaboration, education, innovation, and constructive engagement with all stakeholders. We remain committed to representing the interests of our members while contributing meaningfully towards the development of transparent, efficient, and globally competitive financial markets.

I sincerely thank all our members, regional chapters, exchanges, regulators, and industry associates for their continued support, encouragement, and contribution towards ANMI’s initiatives.

Let us continue to move forward together — with resilience, responsibility, innovation, and a shared commitment towards building a stronger and more inclusive financial ecosystem for India’s future growth.

With warm regards,

Kamlesh D Shroff
National President, ANMI