I had not written a blog article since the beginning of 2018 as the movement of the markets were more or less in line with my expectations of a Sell Off in February/March driven by global factors. The script played out exactly as expected. The only thing that came up separately was Mr. PNB which […]
Read MoreThe year 2017 was a good year for Indian Investors after subdued returns of the last two years. The broad market indices rallied by around 28% with significant Alpha generation from selective stock picking which we also successfully did. The year started off with a great amount of scepticism (always good for the markets) due […]
Read MoreOver the last few days we have seen a selloff in the stock markets and from initially blaming it on the North Korean crisis the narrative has slowly shifted to “Poor Economic Growth”, mostly by people who now see there being a divergence between the performance of the Indian markets and the rest of the […]
Read MoreThe markets are up by around 20% for this year. Economic growth has been muted amidst strong macros like a stable currency, low inflation, low interest rates and comfortable government finances. Many think markets are in a bubble zone. Really? bubble zone when markets are up just 25% over the last 3 years. Its the most […]
Read MoreI have been getting several Whatsapp posts of the way many schools in Mumbai handled the rain fury of 29th of August and the fact that teachers stayed with students through the night to take care of them, how parents waded through neck deep water to reach stuck school buses etc. While commendable these also […]
Read MoreMarkets have been doing well as I have expected over the last several months. I have been bullish since the time of Budget 2016 and demonetization was an opportunity to pick up high quality stocks rather than sell them off. While most people keep on focussing on trying to identify the “MARKET TOP” and are […]
Read MoreThe markets have confounded sceptics and done very well for the first half of this year after two years of subdued returns. Besides international events that were supposed to be disruptive we have seen that markets have handled demonetization and the GST transition very well. Today we stand amidst a mixed global growth picture and […]
Read MoreSNOOPY OUR LITTLE ANGEL Born 4th April 2001 It was around mid night in May 2001 that little angel Snoopy came to us. I and Seema had been married for a year and as dog lovers who had always had their own dogs we decided to get one. We contacted some breeders & a Madras […]
Read MoreThe stock markets have held on pretty well over the last many months amidst a flurry of news flow which have been perceived to be negative. There have been threats around North Korea, French Elections, Brexit again and again and now issues related to the US Political turmoil. As the newsflows have accelerated the markets […]
Read MoreIndian Macros have been improving over the last several years with several indicators improving. These include inflation, fiscal deficit, current account deficit, corruption in the system and potential for stronger longer term sustainable growth. The state election results that have come out now have reinforced the story with the possibility now of greater strength to […]
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