market-commentary

MARKET COMMENTARY

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Portfolio Commentary

Oct 31, 2023

8:48 am

Taking stock of portfolios • The usual star sectors of the market, like financials and consumers, have taken a back seat in the current rally. • Since equity markets witness sector rotation we have seen loss of interest in the quality theme. • Valuations have gotten attractive as the market performance has been comparatively subdued…

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Mounting Headwinds to Markets

Oct 24, 2023

4:49 am

• Signs that investors are expecting higher inflation for much longer • Geopolitical challenges in the Middle East continue to generate inflation risk • Bond market volatility visibly on the rise • More corporates allude to the economic cost of high rates • Remain tactically cautiously invested In our latest presentation to a discerning group…

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It doesn’t get any better, it gets tougher

Oct 17, 2023

7:37 am

The Middle East is at the centre of global geopolitics once again – and this time for some very unfortunate reasons. Whether the developments will have a bearing on the financial markets is something that only time will tell, but the profound human suffering that has affected so many lives will certainly affect our collective…

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Investment Strategy

Oct 13, 2023

9:47 am

• Global economy faces headwinds. • India growth resilient despite global challenges. • Indian bonds likely to be range bound as RBI counterbalances bond inclusion cheer. • Better value in large cap relative to mid and small cap stocks in the medium term. Odd Man Out Mixed global macro-economic data has now been crying wolf…

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