MF Sector Churn

Fund managers are betting on global plays over domestic plays In the month of April 2021, Indian fund managers have been churning portfolios aggressively. The bias of their churn has been in favor of global plays and against domestic consumption plays. Is this the right strategy and what exactly have the fund managers been doing…

Inflation Challenge

This time around, the real inflation challenge comes from the US There was some good news on inflation front for India and also not some not-so good news. The rate of CPI inflation fell in the month of April and brought it near the 4% mark. But, the news is mixed! Good news on inflation…

FMCG Growth

If Nielsen is right, rural could be a big worry for FMCG companies The Chairman of Hindustan Unilever has been saying that the biggest challenge in the next few months could be how the rural demand pans out. The signals are not too encouraging if you go by the latest Nielsen survey on FMCG demand.…

Q4 Results

The first set of Q4 results have thrown up some interesting trends SEBI has extended the last date for the announcement of quarterly and annual results ending Mar-21 to June 30. Nearly 25% of the NSE-500 companies have already announced results and there are more on the way. Here are some quick takeaways from numbers…

Berkshire AGM

Once again Warren Buffett leaves us with a lot to ruminate about At a time when the world is rushing into equities at steep valuations, Buffett is on the sidelines. In his AGM speech, the Oracle of Omaha leaves investors with some incomparable pearls of wisdom. Not putting cash to work The big question was…

Sovereign Rating

S&P has helped with a 2-year guidance, but it is time to act fast In a rather surprising move, S&P opted to maintain its BBB- rating guidance for Indian sovereign debt and has also held the stable outlook. A big change was the hint that S&P would most likely hold this rating for at least…

IT Stocks

What has helped Indian IT stocks sustain their magic in markets Ask any long-only institutional investor and they would tell you that the one sector they would bet their lives on would be IT. What is it about the Indian IT stocks that makes them special. Flattering results, once again If you consider the big-4…

COVID Resurgence

The second round of COVID raises 4 key challenges for India In last few days, India had the dubious distinction of overtaking Brazil in terms of COVID cases. With more than 2 lakh fresh cases per day, COVID is becoming a health crisis. Here are 4 challenges. Producing enough vaccines The first challenge is to…

Yes Bank

Why the Rs.25 crore penalty for mis-selling may face a hurdle During the week, SEBI imposed penalty of Rs.25 crore on Yes Bank for selling the AT-1 bonds to the wrong customers, or mis-selling as it is better known. Even as Yes Bank goes on appeal, this order may find it hard to hold water.…

Debt Indices

 Including Indian debt in global indices is the first big step  During the week, FTSE Russell said that it had put India on the watch-list for possible inclusion in its debt market indices. What will be the impact?  Lobbying for some time now  With the big shift to passive investing the world over, index service…