Indian markets have been touching new highs on an ongoing basis and the one question that market participants and investors seem to be asking is this: Is this growth sustainable? Markets have remained volatile and are likely to remain range bound going forward. Expectations of a 25 bps rate cut by the US FED is already priced in and may not have an immediate impact as such. However, a 50 bps rate cut is likely to have a greater impact on the markets. The month of August witnessed a few ups and downs, despite the Nifty gaining over 1.66%, and…

The month of July witnessed marquee events, a union budget that centered around nine core areas and balanced fiscal prudence with growth. The lowering of fiscal deficit numbers to 4.9% compared to the previous 5.1% outlined in the previous budget, and a commitment to reach below 4.5% by FY 2025-26 is a huge positive. This crucial development lays the groundwork for a resilient economy, one that is capable of long-term growth and development. To read more about our budget outlook click here. We expect to see a significant increase in tax as well as non-tax revenue and a positive gross…

Digitalization has brought about a massive sea of change in our lives. From Artificial intelligence and robotics, technology has revolutionized numerous facets of daily life, transforming how individuals, businesses, and societies interact and transact. One such manifestation is in the form of Unified Payments Interface (UPI), a groundbreaking payments infrastructure introduced in India. The payments interface that was launched in 2016 brings about a seamless integration of technology and finance, offering an instant, and secure platform for peer-to-peer and peer-to-merchant transactions. We look at elucidating how technological innovation has fueled the proliferation of cashless payments and financial inclusion. UPI has…

The equity markets witnessed a sharp correction over the first week of May 2024 following a surge in frontline indices to all-time highs. Heightened tensions in the Middle East impacted global markets, and had a rippling effect. With the impact of the Lok Sabha elections largely being priced-in by the markets, much of the focus has shifted towards sectors that are likely to witness growth going forward. With expectations around strong reforms and the country’s growth focus, are PSU sectors like Infrastructure, Power, Railways and renewable energy likely to remain major beneficiaries? Infrastructure: Expectations around the infrastructure sector being able…

Presenting the first edition of ‘CapriWise’. We bring this monthly newsletter to talk about a few investments each month – Funds that ‘we think’, investors could consider as part of your portfolio, depending on their individual risk/return profile. ‘CapriWise’ will talk about other investment products that are disrupting the world of investing. These are investments that are relevant and in-line with the current market movements and are likely to gain traction over the long-term. Though not necessarily a part of our whitelist, these could be new fund launches, existing funds or investment vehicles that will add value to an investor’s…