- Ahmedabad based financial wizard Sonit Rajpurohit & teamraises an incredible final profit of $727,768 and a stellar 72.7% return, and brings laurels to the Nation
- Team Doji from Christ University Bangalore becomes the 1st team in India, 2nd team in Asia and 4th team globally to win the prestigious 2024 Bloomberg Global Trading Challenge
- Emerges as the only Indian university in the top 150 teams across the globe thus showcasing their brilliance on an international platform
GOWRI MANICKAVASAGAM
AHMEDABAD, NOV 28
Warren Buffets are not born but made by honing their skills with their hands-on experience in the stock market. Aiming to help students build marketable skills, the knowledge needed to compete for finance jobs and to provide hands-on experience that they will use in their future careers, Bloomberg holds annual Global Trading Challenge. Through this 6-7-week simulated competition, teams of 3-5 students (led by a faculty advisor) will compete against other top students around the world to experience firsthand what real-world investing looks and feels like.
Teams will use the Terminal to define market assumptions, develop a return-generating strategy, and execute trades within a closed network. The winning team will have the highest time weighted relative return, relative to the Bloomberg World Large, Mid & Small Cap Price Return Index (WLS Index).
Gujaratis are always ahead of others in the investment sector
Student participants have to invest virtual US dollars, using the Bloomberg Terminal to define market assumptions, develop a return-generating strategy, and execute notional trades within a closed network, while receiving support from faculty advisors and training from Bloomberg employees.
Last week an Amdavadi youth-led students’ team has proved its mettle in Bloomberg Global Trading Challenge. This once again shows that Gujaratis are always ahead of others in the investment sector with their analytical acumen and strategy.
Team spirit, leadership qualities & dedication are winning mantra
It’s indeed a proud moment for Ahmedabad based Prodigy Sonit Rajpurohit, son of Rotarian Shailendra Purohit and Rotarian Nidhi Purohit who recently captained Team Doji from Christ University – Bangalore and after competing against 2,453 teams from 46 countries globally, became the 4th team globally, 2nd in Asia and 1st in the country to win the year 2024 Bloomberg Global trading challenge. The Indian team comprising Sonit Rajpurohit (Captain), Yuvraj Sureka, Khitish Parida, Krish Kothari, Ishaan Kedia and Faculty Advisor – Yugantar Singh raised an incredible final profit of $727,768 and a stellar 72.7% return, during the competition. This accomplishment, against formidable teams from Ivy League colleges, IIMs, and IITs, is a testament to their skill, dedication, and excellence.
Sharing his experience with the media, Sonit Shailendra Rajpurohit (Team Captain) from Ahmedabad and a student of Sri Sri Ravishankar Vidya Mandir, Godavi, Ahmedabad said, ” It was my responsibility to ensure proper operations and smooth working of the team to bring home the fourth global rank in the Bbloomberg competition. I had to make sure that the team cooperation was at peak and in difficult market situations, our ship sailed in peace.”
Dedicates laurels to the team
As a Team mentor and a guide who made sure that everything was well versed and motivation levels were always high, Yugantar Singh Rathod ensured that no hurdles come close to putting stops in team’s track to perform. Team mate Yuvraj Sureka was a Team Strategist who devised winning strategies and ensured market situations were tackled appropriately.
Leadership has been the cornerstone of my journey since childhood: Sonit
“Leadership has been the cornerstone of my journey since childhood. Serving as Head Boy for four consecutive years, I cultivated strong interpersonal skills and learned the value of fostering collaborative environments. Building on two years of hands-on experience in business operations, I continued to seek opportunities to empower others during my time at Christ University. As the Class Representative for 2MCOMIF, I championed event participation, organized skill development workshops, and fostered a supportive classroom atmosphere where every voice was valued. This commitment to leadership expanded in my second year when I was elected as the University Student Council representative for all PG programs under the Department of Professional Studies.”
Empathy and communication skills—key traits for connecting with people
“Beyond leadership, my love for poetry has refined my empathy and communication skills—key traits for connecting with people and solving problems effectively. My passion for financial markets is deeply rooted in my upbringing. Growing up in Ahmedabad, Gujarat—a city that breathes the spirit of the share bazaar—I immersed myself in my family’s financial advisory business for two years. This hands-on experience, coupled with the city’s vibrant trading culture, solidified my foundational knowledge and sharpened my skills in finance. As the captain of Team Doji, I leveraged my deep understanding of financial markets, strategic leadership, and large-scale management experience to guide my team to success. These accomplishments underscore my dedication to finance, leadership, and fostering a thriving community for learning and growth,” shared Sonit Rajpurohit about his journey of bringing this glory to the nation.
When asked whether he would share his winning mantra with his juniors, Sonit Rajpurohit said, “Apart from classroom lessons, I used to spare nearly two hours for watching the stock markets live, including experts talks and reading books. And above all my parents have brought up me well gy creating conducive atmosphere. Guruji’s school has taught me spirituality, ethics and critical thikning.”
Organized at a Global level across 46 countries, 396 universities & 10,240 participants, Team DOJI from Christ University Bangalore, Karnataka were 4th Globally. The leading teams were Team Tigers Trading from Rochester Institute of Technology, USA followed by GWNB – University of Waterloo, Canada & HML University of Nottingham Ningbo Cn, China.
