A new initiative has been launched by famous trading and investment solutions firm, Sharekhan. The firm, fully owned subsidiary of BNP Paribas, on Wednesday said it has started free advisory service to help investors manage their money during coronavirus pandemic.
 
The initiative -- SafeTodayStrongerTomorrow -- is meant to provide capital market essentials to everyone: new investors, seasoned investors, and traders, among others, retail broker Sharekhan said in a statement.
 
The package is available to anyone to download, Sharekhan customer or not and consists of special reports, FAQs, LIVE events, and educational sessions, among others.
 
"Financial health in these times is an essential as well and we would like to help people in whatever way we can with their investments. Our entire network consisting of research, relationship managers and service teams have been trying to assist our customers navigate the current market situation.
 
"We realised that this is something that everyone can use at this time. It would benefit people at large if we made our research and other services available to anyone who needs it," said Jaideep Arora, CEO, Sharekhan by BNP Paribas. 
 
Meanwhile, it was reported that enquiries regarding residential properties across major cities by prospective buyers have increased during the lockdown, courtesy the online route, although sales remained subdued, according to a report by 360 Realtors. The report noted that the coronavirus pandemic continues to undermine growth in the Indian realty sector, as demand has softened in most of the major cities.
 
"The industry showed some resilience by leveraging the digital medium, but a knock-off in site visits and sales was inevitable. The numbers plunged, thereby tanking overall sentiments. Interestingly, there was a steep rise in enquiries as people are having plenty of extra time due to lockdown," it said.