When the Nifty runs up 6.57% in the first month of a financial year, the mood of the market would usually be upbeat. But that hardly seems the case with our market now. We see most Investors feeling a bit left out, not identifying with the index move and looking…
The markets seem to be progressively losing steam. This would show up as weak sentiment, selling pressure, lower volumes on exchanges, and FII outflows. But, there is also a section of domestic investors showing remarkable resilience and persistence in their investing. They are still buying every dip and gradually scaling…
When reality fails to meet expectations, disappointment is inevitable. In every corporate’s results season, reality always lags or exceeds expectations. Supposedly, investors are conditioned to expect that. Then why do investors overreact when a company fails to meet expectations? The reason is more related to the company, its track record,…
After a hugely successful financial year, we tend to get a rather underwhelming year. Most investors either make no returns or moderate losses. But, the fact that they had a hugely impactful previous year calms their nerves when faced with underperformance. What this induces is a false sense of security.…
A new financial year has begun. It is time to take stock of an eventful year that just ended. Our cautious stance was broadly helpful. Taking exposure to gold was not a popular choice at the beginning of the last financial year. But, it has turned out to be one…
Investment decisions can be taken based on tax implications. There is a natural tendency among investors to be drawn to investments where they feel taxes are lower. When the tax concessions are withdrawn for certain investments, they tend to look less attractive to investors. Taxation is as much a driver…
The last week has caused a significant reset in our investing. We are once again worried about how global factors will come to hurt. Banking, which is the bed rock of every economy looks like the most rattled space in the west. When smaller banks look weak, they create a…
One week is a long time in global banking. Or, so it seems if one goes by the latest inflation and interest rate commentary of the federal reserve Chairman Jerome Powell. The Silicon Valley bank collapse has almost caused a setting for a rapid reset of the interest rate trajectory…
The recent data on India’s economic growth clearly point to a slowing economy. But, confidence metrics like the PMI data show a slightly divergent trend lending hope that the economy will regain momentum. Considering the global growth trends, the task of ramping up domestic growth in the near term looks…
The investment universe always creates a setting to invest in a particular asset class. COVID was a setting that enabled an equity wave. A wave usually builds up, rises and eventually descends. As the big primary wave descends in one asset class, a secondary wave takes wing. But secondary and…
The results season ended without much excitement. The markets lost interest in the results season as the Adani group related thoughts dominated mindshare. Companies also seem to be avoiding the market glare while announcing results. The companies preferred to keep things quiet, gradually lower Market expectations, reset future guidance and…
Most investors have been favouring equity for the last 2 years. Recency bias nudges investors to think that equity is the only asset class to bet on. It is this bias that kept investors from buying gold. Investors thought that gold would not do well. The post-COVID rally in cryptos…