Knowing what to focus on in every market context is important. Investors are prone to focusing on the wrong things and missing out on what they really need to focus on. Investors are so obsessed with a few things that they ignore what is more important to their Investing. This…
A casual conversation with a DIY investor was extremely educative. The investor had made returns of 18% by investing from the COVID bottom. He believed that performance was sustainable annually and consistently. Telling him that his expectations were high was not going to cut much ice with him, but understanding…
Even in the best-performing companies’ investors have the tendency to keep extending their expectations. Companies have the habit of giving future guidance. They guide us on how their profits and sales will grow. Investors layer their judgements on such guidance and start comparing the actual performance based on their expectations.…
Where the retail money is going tells you what the markets are thinking. The retail money is largely moving towards smallcap and midcap mutual funds. The markets broadly seem to think that timing the market is not possible. This judgement seems to be forcing investors to dump their money in…
There are times when you must not buy the market. Under such circumstances, even indexing is not advised. But, that does not mean there are no opportunities in such a market. In any kind of market, there will be very selective opportunities to invest. An investor must recognise when he…
When a fund manager leaves, investors must revisit the drawing board and decide whether or not they want to stay invested. How should one go about making this decision? To begin with, one must evaluate the circumstances of exit. Why did the fund manager leave? Who will succeed? There are…
When the market receives news flows from a company, and it does not take a liking to what it hears, then the reaction is immediate. We saw that in a recent announcement by a leading automotive conglomerate to invest in a private bank. The market almost instantaneously took a dislike…
The Nifty, which seemed to be persistently buoyed by FII flows, finally saw the tide drop. The results of top index majors were hardly confidence-inspiring. Growth expectations are getting ready for a reset. Indices seem unclear on how to price in growth for the rest of the year. The first…
The market continues to trade closer to its all-time highs. Rarely do we have the Nifty50, Sensex, Nifty Midcap, and the Nifty Smallcap 250 indices trading at record highs around the same time. Such a market construct must make all stakeholders happy and thrilled. But, that does not seem to…
After the first quarter ended, the business updates of companies are sending out the first signals of how the quarter played out. These signals are mixed. While some companies have shown huge positivity like Bajaj Finance and Titan, several others are hinting at a cautious stance. The entire FMCG pact…
A new high, and that too an all-time high on the benchmark Indices Sensex and Nifty, gave the markets a great closing for the quarter. Everyone went home happy after a quarter that closed in stark contrast to its previous one in March. But, investors hardly need an excuse to…
The Nifty is within striking distance of its ATH. An imminent conquest of all-time highs on many indices seems more likely. An ETF launch in the most illiquid space of the market – microcaps. These are just some indicators of a growing need to take on more risks. Clearly, Indian…
