Market cycle will bottom before the economic cycle!
July 2019 has been a tough month for the markets, the benchmark index ended 6% lower , this was one of the worst Julys in the past 17 years for the NIFTY, the pain was worse in the broader market…
Reverting back to technicals after a growth oriented budget!
We were presented with a growth-oriented budget, where the government has addressed some key issues like disinvestment, liquidity concerns for NBFCs, addressing problems of PSU banks, subsumed FDI and FPI limits, took certain steps to increase the free float in…
Market Sentiment has transcended from Risk off to Risk on
India has voted for a decisive mandate which has been welcomed by the market with cheer. We saw a strong pre-election rally and the strong mandate carried the NIFTY to its all-time highs. The market was hoping for a stable…
2019 can be the year of Small Caps
Stability premium in large caps cannot last forever Market has been giving a premium to stable companies all through 2018 as small caps have crashed. The companies that showed stable growth got high valuations compared to the ones that showed…