As I sit to write today we are in the midst of a massive, which can only be said to be a “Meltup” in contrast to the “Meltdown” observed in March 2020 in most asset classes be it equities, commodities, cryptocurrencies etc. The move is driven by the belief that free money and money printing […]
Read MoreThe month of October was a choppy one for the markets where initially we saw the frenzied move continue before markets gave up some gains by the end of the month. Overall markets still ended up by 3.6% as far as the Nifty goes. However the Midcap Indices ended flat with no gains or losses. […]
Read MoreAs the Covid 19 crisis blew out in India in March this year there was significant economic disruption due to the closure of the economic domestically as well as various restrictions that came up on cross border trade. The “Recovery” from the shutdown in some sectors has been much better than expectations while others continue […]
Read MoreThe last week was the start of the results season and we saw a few large companies report earnings. Stock Markets continued to rally, albeit at a slower pace with the Nifty rallying by around 1.5% with the Midcap Indices also rallying by the same amount. The confidence of a V Shaped recovery is growing […]
Read MoreThere is a great deal of excitement these days around the post Lockdown rebound which was imminent as consumption, investment etc almost everything was completely shutdown for nearly 75 days. There would always be pent up demand, already committed investments, incomplete projects, pre monsoon works etc which would happen. Moreover the absolute basic of consumption […]
Read MoreAfter the brutal selloff in March we saw the markets staging a strong pullback in April to finally give up a large part of the gains in May. The Indian Market behaviour is not in line with a majority of other markets where the selloff has not been so severe. India is one of the […]
Read MoreAs we entered into the Lockdown with an Economy that had been growing below par for several years there was initially a view that we could possibly emerge out of this stronger and India as an Economy and one contributing towards a possible replacement of global supply chains as people shift out from China as […]
Read MoreWe are into Day 30 of the Lockdown now. Stock Markets over the last few days have been gyrating in a range with days of big sell offs followed by bounce backs as Market participants try to grapple with global newsflow and domestic developments. FB investment into Reliance created a significant rally in that stock […]
Read MoreThe last week as we went through the first phase of the Lockdown2 can be called one that of hope. The number of new cases in India have stopped accelerating, recoveries have picked up and the number of testing has increase on a daily basis. Global stock markets help up well this week and newsflow […]
Read MoreOver the last three days the Stock Markets have tried to stage a rally but the rally has stalled in most countries as the severity of the economic impact has started to set in. One of the major reasons that the markets need to give up some gains is because the pull back rallies have […]
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