Opportunity In A Correction
Investors who were willing to buy every dip for months together seem to have lost the will to buy last week. “There […]
Low near‑term returns often precede strong gains
Over the past two decades, the S&P BSE 500 has gone through several periods when even two‑year rolling returns have been in low single […]
When Wars Become Routine!
Another war in the Middle East was not in our expectations. We simply thought things may not come to such a pass. […]
When “What Worked” Becomes “What Hurts”: The Gold/Silver Chase Trap
AMFI’s January 2026 mutual fund inflow numbers are a fresh reminder that investor psychology doesn’t change easily: money keeps rushing into whatever […]
Are Investors Switching At The Wrong Time Again?
February saw an important switch in investment flows. After a long phase of persistently selling Indian equities, Foreign Institutional Investors (FII) decisively […]
Gold Fever
The latest AMFI data from January reminds us that mutual fund investing remains largely hindsight-driven. Surprisingly, net inflows into Gold ETFs were […]
On Extremes and Resets
Valuation excesses, when they happen without fear or worry, are only waiting to be disrupted. The current year began with all-round excesses […]
The ₹1 Crore Journey: Large, Mid and Small Caps from 2018 to 2026
The Case Against “Chasing” Small Caps Imagine three investors, each with ₹1 crore to deploy in January 2018 (Peak of small caps […]
Sell Right, Buy Right
The sharp swings in the market strongly underline a lack of direction. Investors have been caught off guard too many times in […]
The Quicksilver Crash
The sharp correction in gold and silver happened just when the retail consensus to invest in them was at its peak. Every […]
Taking a Hard Look At Yields!
2025 was a rough year for fixed-income investors. FD rates plummeted with each rate cut from the RBI, and bond market yields […]
Uncomfortable reset
Indian equities are undergoing a healthy but uncomfortable reset in the broader market even as the headline Nifty 50 index is only […]