Three Contrarian Mantras
At the beginning of 2020, popular perception leaned towards defensive FMCG and away from pharma, tech, and commodities. As the year slowly […]
Will The Rally Spread?
The rally in the Nifty was initially concentrated in defensives. Subsequently, the rally spread to cyclicals, with private banks leading a sharp […]
High Tide Continues
Within a few weeks, Indian markets have seen nearly five billion dollars of equity flows. FIIs have been flooding our markets with […]
Towards The Brink
Rising markets tend to give out euphoric highs. Everybody wants to be in so that they don’t miss any of the fun […]
What’s Next?
The much anticipated American polls are now behind us. We still don’t have a clear winner. But, given the fractured nature of […]
Get Set For A Reset
The American voting is already at an advanced stage with significantly more voters preferring to use the postal ballot. By November 3rd, […]
Raise Your Defence – October 2020
We have a week left before America makes up her mind on the next President. Unlike previous elections, this one seems to […]
Worsening Polarity
Secular behavior isn’t driving the sustained momentum in our markets. Just about 100 stocks are keeping this market up. The bulk of […]
Defensives Rule
The week saw a sustained rally in defensives. While pharma held steady, tech stocks showed tremendous strength. Towards the weekend, financials joined […]
Double Trouble
The drama of the American Presidential polls promises to keep stock markets volatile for the next few months. Like politics, markets are […]
Make Your Response Count
The speed at which stocks rerate excites us on the way up. But, they can also rattle us on the way down. […]
Risk Taking Rises
Recency bias in markets is evident. Funds are desperately trying to ensure their participation in the performing sectors and stocks. This means […]