The 2013 Rally
Let us rewind back in time to September 2013. In the backdrop of Narendra Modi being declared NDA’s Prime Ministerial candidate, stock market bulls began loading up their stock holdings in anticipation of a strong government at the centre. Continue reading “Spotting the 2015 Stock Market Top and the Case Against Valuations”
All is well that ends well
Samvat 2073 was quite an unusual period for the Indian equity market. While uncertainty is a given in the world of stock markets, India’s frontline indices had to deal with a lot of unpredictability due to a variety of domestic and geopolitical issues.
Despite the clouds of uncertainty looming over the Indian stock market, it turned out to be an inspiring journey in the end. The Indian market overcame the odds of Trump’s unexpected presidential win, Modi government’s demonetisation drive, GST disruption, India-China border stand-off, lower economic growth, and growing concerns of a war between the U.S. and North Korea, to emerge triumphant.
Continue reading “A Look Back at Samvat 2073 and Our Top Diwali Picks”
Indian Real Estate: All Set for a New Beginning?
The real estate sector is India’s second-largest employer after agriculture and contributes about 9% to India’s GDP. While the housing sector makes up for 5-6% of India’s GDP, it had been often neglected from the angle of regulatory issues. Project delays, hidden costs, and fraudulent advertisements are quite common in the housing sector. Continue reading “Is Real Estate on the Cusp of Something Special?”
Simple sell rules can save your day
Vishal Sikka’s shocking exit from the position of CEO and MD of Infosys dealt a severe blow to the Company’s market value. Following the news, Infosys’ shares dropped 14.4% over two trading sessions, wiping off almost INR 34,000 crore from investors’ wealth.
Before Sikka took over the charge in 2014, Infosys was reeling under pressure due to poor growth and high attrition. Market participants were expecting Sikka to turn things around at Infosys and he was successful to a large extent.
Infosys’ revenues and earnings grew at 23% and 16% y/y, respectively, in Q4 FY 2016, the fastest pace in two years. Further, the stock broke into new highs in April 2016 after a long period of consolidation. Continue reading “Infosys: Why Timing Your Exit is Crucial?”