The valuation conundrum
Consider a hypothetical scenario. A financial journalist is interviewing me in mid-May on the market outlook. The journalist…
Viksit Bharat @100
Prime Minister Narendra Modi has been espousing his dream of Viksit Bharat by 2047 in many of his…
A Budget for growth and fiscal prudence
The exigencies of coalition politics were evident in the Union Budget 2024. However, it goes to the credit…
Wild swings are temporary; Long-term uptrend is permanent
On 3rd June 2024 Nifty closed at 23263. On 24th July Nifty closed at 24299. Two big events…
Coalition governments can deliver good economic growth and market returns
After the roller coaster ride in response to the exit polls and the actual poll results, the market…
Global economic scenario turning favorable for equities?
Economy and stock market move in cycles. Growth is never linear; it is always cyclical. The duration of…
Separate the wheat from the chaff
We are in a bull market, globally and in India. The mother market US is leading from the…
India’s underperformance: Threat or opportunity?
Even in a global bull market, like the present one, there will be significant underperformances and outperformances by…
Interest rate uncertainty
Interest rate is a major macro fundamental that impacts stock markets. As Warren Buffet famously said, “interest rates…
India is the star among emerging economies
The stock market is discounting India’s superior growth story A topic of hot discussion in global economic forums…
