🔥 Trending Shankar Sharma: Who is the financial expert behind the RBI's special swap facili

Shankar Sharma is a prominent Indian investor, financial analyst, and entrepreneur, widely recognized for his significant contributions and insights in the Indian stock market ¹. He is often referred to as a "Market Guru" in Indian media due to his extensive experience and influential perspectives ¹.

Key Roles and Background

• Co-founder and Vice Chairman of First Global: Sharma is a co-founder and vice chairman of First Global, an international brokerage and investment firm ¹³.
• Founder of Gquant: He is also the founder of Gquant Data Science ³.
• Education: Sharma studied at the Asian Institute of Management in Manila ³.
• Location: He is based in Mumbai, India ³.

Investment Philosophy and Recent Activities

Sharma is known for his strong opinions and often contrarian views on market trends and economic policies.

Public Holdings and Net Worth

As of the latest corporate shareholding data, Shankar Sharma publicly holds shares in 4 companies, with a reported net worth exceeding Rs. 94.9 Crores ⁴. His portfolio and stock holdings are regularly tracked by financial platforms ².

Notable Stances and Comments

• Defense of Indian IT Companies (2026): In an exclusive interview with NDTV Profit, Sharma defended Indian IT majors like Infosys, Wipro, and TCS against criticisms regarding India's position in the global artificial intelligence race. He also stated his disinterest in IPOs of companies like Anthropic and OpenAI ⁵.
• Caution for Retail Investors (2023): Sharma has advised retail investors to avoid equities, arguing that markets are primarily for professionals. He suggested that taxes and volatility erode returns for common investors, and that fixed deposits might offer better peace of mind and risk-adjusted returns. This view has, however, been challenged by some market data and social media users ⁶.
• Critique of RBI's FCNR-B Scheme: Sharma has expressed concerns about the Reserve Bank of India's (RBI) revived FCNR-B (Foreign Currency Non-Resident Bank) scheme, stating that it "only buys time" and creates liabilities without strengthening India's external position. He suggested it might fund FII (Foreign Institutional Investor) exits ⁷.

Distinction from Shankar Dayal Sharma

It is important to note that this Shankar Sharma, the investor, is distinct from Shankar Dayal Sharma, who served as the President of India from 1992 to 1997 ¹⁰.