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Performance Review Q2 CY 2017

Jul 11, 2017

2:46 pm

Nifty 50 What worked this quarter? In the Nifty 50, it was business as usual, with Financials occupying 4 of the top 10 spots in quarterly performance. Rounding out the top performers were Maruti, Hindustan Unilever, ITC and Hero Moto Corp. What’s noteworthy was that Consumer Staples – ITC and Hindustan Unilever – delivered strong…

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The Bull Market in Fear

Jun 27, 2017

12:31 pm

“The idea that the future is unpredictable is undermined every day with the ease with which the past is explained” – Daniel Kahneman, Thinking Fast and Slow While scepticism reigns on the prognosis of the equity bull market, there’s no doubt about the level of fear. Welcome to the bull market in fear. We’d postulate…

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High Valuations in Equities… Sustainable?

Jun 12, 2017

9:58 am

“More money has been lost because of four words than at the point of a gun. Those words are ‘This time is different.” – Carmen Reinhart, Eight Centuries of Financial Folly This month we focus on some of the key drivers contributing to high valuations to assess the sustainability of the current investment environment. We…

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Repo rate unchanged at 6.25%, RBI Policy Remains Neutral

Jun 7, 2017

1:39 pm

The Reserve Bank of India today decided to keep the policy repo rate unchanged at 6.25% in a 5-to-1 vote. Dr. Ravindra H. Dholakia was not in favour, marking the first policy meet under the Monetary Policy Committee (MPC) regime initiated in Oct-16 where the policy vote was not unanimous. The MPC maintained its neutral…

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