market-commentary

MARKET COMMENTARY

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Running Hot

Feb 7, 2023

9:20 am

• Last week’s US economic data was much stronger than expected • Bond market will likely worry that the labour market is very tight • US unemployment rate the lowest since 1969 • Fed will not be deflected from raising rates • We expect further profit taking in bond and equity markets • Adani a…

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Corporate India in Focus as Adani hits the Buffers

Jan 31, 2023

5:49 am

India’s Adani Enterprises, which scripted a somewhat unprecedented ‘growth story’ that invited both awe and occasional scorn, found the ground sinking beneath its feet last week as a US research firm’s damning account of the meteoric rise in the share prices of the conglomerate and its group companies unnerved investors. The report from Hindenburg Research…

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Overtrading risks damaging your portfolio

Jan 24, 2023

9:19 am

• Investors can become overconfident and spend too much time trading equities versus cash • 2022 was a salutory lesson that the returns from active trading can be modest even if you get each call right • Traders will have noted that both the US equity and bond markets hit a technical resistance last week…

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Portfolio Commentary

Jan 21, 2023

6:33 am

Looking back and ahead The Indian headline indices closed the tumultuous year with moderate gains after hitting new highs, which is a decent outperformance compared to the major markets across the globe. Though the top and midcap indices ended in green, the year was quite somber for small-cap indices, which closed in deep red and…

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