Just four months ago, the markets were showing consensus on the end of the extended market run enjoyed by tech stocks. “Where is the growth? What will happen to Indian tech if automation and Artificial Intelligence take off?”. The cynics were having a field day. People were clearly mixing up…
India saw the most number of economic reforms in 2017-18. It was a year when the GST was implemented, the IBC gained momentum, the NCLT saw resolutions getting nearer. More bad loans were moving towards resolution than even before. The government decisively moved on, ensuring Make in India works and…
A new financial year brings along newer opportunities and challenges. A financial year which follows an extremely profitable investment year will always have the challenge of delivering comparable performance. After a good year, we expect the next to be even better. But, when the year gets progressively tougher, then the…
When markets correct sharply, where are you looking? This question assumes special significance as the indices are down 10%+ from this year’s highs. And the lows don’t seem imminently near. Effectively, we are now in a market where everybody has overplayed their hand. And, when you have overplayed your hand,…
Politics makes a huge comeback in the stock markets, exactly when the markets are not ready for it. Unlike other market disruptions which pan out as standalone events, politics sets off a trend resulting in a series of events. Throw in a few economic events from time to time between the…
The Indian markets started 2018 with an exaggerated sense of optimism. Clearly, headline numbers were lagging the markets. As the market moves towards the end of a financial year, that exaggeration is swiftly disappearing and getting replaced by fear. We could see an overreaction on the other side too. And,…