The results season has begun on a mixed note. Contrary to the buoyant market mood, the first flush of corporate results are hardly enthusing. The tepid growth in the Q4 numbers and the muted guidance from Nifty companies for the first quarter seem to hardly bother investors much. Every dip…
When the world’s largest economy struggles to fix her macros, there is bound to be intense anticipation. The world watches out for positive signals from it. We want to get a fair picture of how things are changing, even while looking out for early signs of improvement. We already have…
As the election campaign gains momentum, the stock market starts setting its political expectations. In the current scenario, the guiding factor is the ruling alliance’s targeted number of seats. The market will tend to think of that target as a benchmark even while it recognises that the current representation of…
The year that ended was nothing like we expected. It was a year that began on a note of fear and ended on a high of Greed. The year made equity investing look too easy and money flowed into equity from every other asset class. As we put 2023-24 behind…
Buying the dip is not a fail-safe investment strategy. Especially, if you mindlessly buy every dip into very overvalued parts of the equity market. You will be wrong on multiple counts. You may either be buying too much, or you may be too early. And you may end up buying…
The last week saw a distinct change in the market mood. While the smallcap and SME space decisively cracked, the market seemed more willing to sell. This was a marked shift from its earlier mood when selling was out of question. From only thinking of what to buy next, the…
The Nifty is around new highs. But, we are seeing clear signs of weakness in small-caps, micro-caps and SME stocks. When the market mood is so upbeat, with mutual fund assets at all-time highs, SIP mobilization at historic levels, and folio count at the highest ever, one would expect the…
“Catch them young!”. An evergreen slogan that applies to every aspect of our lives. In investing too, it makes a lot of sense to catch companies when they are very young and to stay the course with them throughout their extended growth phase. To catch a company young, the best…
When the markets stay irrational longer than anyone predicted, it poses a challenge to the investors seeking sanity in the markets. They are at a loss on what to do with existing holdings, where to invest incremental savings, and how to manage asset allocation. Selling one expensive asset class and…
Changing asset allocation is a sure shot way of ensuring risk mitigation in an investor’s portfolio. But if you are already owning a portfolio of equity that you built assiduously, you are posed with a peculiar problem. Should you sell your equity portfolio down as part of your risk mitigation?…
All investors seem to agree that equity valuations are not to their liking. They would prefer to buy when valuations are cheaper. Yet, they don’t want to stay away and are willing to compromise valuations to participate. More interestingly, they seem to be avoiding debt exactly when it is a…
The interim budget was hardly an event. There was hardly much given away as freebies, concessions or incentives to voters on election eve. On the policy and taxation front, the budget assured continuity. Beyond giving the assurance of continuing to work for the poor, farmers, women and youth, the budget…