Indian equity markets have seen a material correction over the past 18 months or so, bringing valuations back in-line with long-run averages and creating an attractive entry point. The current sell-off is majorly driven by geopolitical uncertainty, elevated oil prices and continued FII outflows. India’s GDP growth trajectory, corporate earnings growth and domestic inflows remain […]
The USA is undergoing one of its most significant industrial shift in four decades, driven by tariffs, geopolitics, and a bipartisan push to rebuild domestic manufacturing capacity. Tech sector, which today accounts for ~45% of the S&P 500, is likely to face a slow but structural compression as capital rotates towards real asset sectors that […]
By analysing post‑2020 thematic fund launches, this study examines whether the recent surge in thematic mutual funds has translated into consistent outperformance versus broad‑based indices, or whether returns have largely been driven by short‑term market trends. Executive Summary We had earlier published this study titled “Do Thematic NFOs Outperform the Index” in March 2021. In […]
Indian equity markets have undergone a sharp and broad-based correction, with the pain most acutely felt beyond the headline indices, with nearly 65% of stocks (market cap > INR 1,000 cr), down more than 30% from their peak. A confluence of signals across valuations, earnings, market breadth, now points to the market being in its […]
The launch of Anthropic’s Claude Cowork in early 2026 triggered a “SaaSpocalypse” that wiped out approximately $300 billion in global tech market value virtually overnight. The Nifty IT Index suffered its worst single-day plunge since the 2020 pandemic, dropping over 6% on February 4, 2026. This marked a critical inflection point for the industry, as […]
India’s steady surge in SIP contributions has unintentionally supported foreign investors looking to exit domestic equities. This consistent domestic buying has enabled large-scale overseas repatriation, increasing the need for foreign currency. As this demand grows, the rupee has come under additional strain, especially against the euro. What began as routine long-term investing has subtly contributed […]
2024 HDFC TRU