Senior Editor-Markets, Anchor- ET NOW, ET NOW स्वदेश (Economic Times TV) Travel, Fitness, Investing, Philosophy. Studying great investors. Views Personal.
One of my mentors told me a very nice thing during our regular chats... Don't prepare the road for your child. Prepare your child for any road.....
#Parenting
Murphy's law on markets: Smallest position in your portfolio rallies most, biggest position in your portfolio tests your patience longest..
would you agree? ;)
My seven year old boy telling me today. Pa the next time Zomato guy comes to deliver please give him 50bucks extra...he is being so brave and servicing us even in Covid times..
Nikunj to RJ: Are you disappointed with pharma stocks? RJ: Am not disappointed with pharma but am disappointed with my own judgement & bets I took on some of the pharma stocks.. ..
Wow Retail Investor....in this market !!!! ?? SIP at 8641cr for March ..new record levels !!!?? Shaken but not stirred ..sign of investor maturity I would say..
Those who laughed at SIP investors in correction, at 11,005cr/nov SIP all-time-high see who is standing tall, investors Bought the fall, there is a new informed class of investors emerging across India who understands equities & it's long term benefits 🤗👏 cheers to y'all guys!
There is a silent pandemic unfolding out there ..homes, markets, planes, everywhere ..kids using phones disproportionately higher than they should...mums giving phones to infants, teenagers rightfully upgrading to way expensive models ..school going kids-hours on phone...scary
Monthly SIPs crossing 9000cr is quite a feat, the Indian investor is truely realising the power of equity, & disciplined investing, this balances out the Robinhooders in a nice way, people mocked they will run away in corrections but they stood strong even last 2 challenging yrs
Sensex at 100000 is achievable. Says Chris Wood of Jefferies. Assuming 15% EPS growth is on trend.. In my view carefully crafted individual portfolios could do evn better...make the most of this earnings cycle guys think 3-5 years read, research, dig & be patient, let mkt do rest
Chandra says Air India will be financial fit & tech AI backed. Vistara says will ramp up workforce to 5000. Jet has appointed new CEO, Air India has a new CEO, RJ says Aksa will be profitable in 1st year. Indigo mgmt changes... So much news flow in Aviation in a week
FIIs buy 14,000cr worth of Indian stock in 1st week of Aug. vs 5000cr buy in entire July, where they turned net buyers after 9-months of brutal selling..
RIL's 10% upmove in 2-days is teaching an important.lesson to newbies- stock market returns are lumpy- 80% of the move will come in 20% of trading sessions- try timing at your own peril, or at least keep a good part of portfolio in mkt always, or repent if you miss best days
'At 21' I bought my first mutual fund (Franklin India Blue-chip NAV was at 26 bucks) from the proceeds of my giving tuitions to neighborhood kids & part-time accountant role at a pharma wholesaler. Current NAV 650..
#lessons
#startearly
#compounding
i think in 30-40yrs of an average investing life..it takes about 10yrs to learn how to arrive upon good investable cos..the next 10yrs to master how not to chase..& buy only at valns comfortable to you..once tht half journey is done the remaining is when you enjoy the fruits..
Maruti says semiconductor issues seems improving, Tata Motors had already indicated that matter should start getting resolved in H2 ..market starting to price it in now ..
Portfolio value hitting the 1cr mark first time may take 7-8 yrs, subsequent cr half the time & then half the time that's how the snowball effect takes place, just stay in the game, make non fatal errors in your investing process.. Stay focused
Vacation time starts.. Next 2 weeks no markets.. Only highways, food,friends & family, enjoying the the winters in smaller towns of Rajasthan, Gujarat, NCR, UP..And full masti.. Bye guys.. See you soon.. Will share observations through the way..
Sandeep Tandon, Quant AMC (52K cr equity AUM) tells us: Retail is not only becoming larger in the market but they are getting smarter. Its naive to think they still sell at bottom & buy at top. Last two days of market fall flows into AMC are double of avg flows. Point to ponder
Breaking News !! Kudos to Retail Investors
Monthly SIP data cross 20K cr for the First time, April SIP comes in at 20371
this comes in at a time when FII holdings slip to 11-year low, & DIIs are about to takeover FIIs in shareholding terms
Strong domestic liquidity trends
A very big HNI investor yest told me, we dont find multi-baggers its the multi-baggers that find us, we just think too much of ourselves..(it could be blessings of well-wishers/ elders or plain luck or karma). Humility is the hallmark of successful investors i feel
RIL Results this time on April 22nd, which is a Monday, they rarely declare results on any other day than Friday, this time it coincides with Mr Musks India visit, amidst reports that some tie-up could be brewing.. lets see..
Nifty (indicative) cud easily rise 60-70% or double next 4-5yrs, carefully crafted portfolios wud rise multifold, make it count guys this is serious business, this will lead you to fulfill your dreams, & much more, freedom. scores of outstanding cos doing amazing work, find them
Luxury brands are going ballistic in India, earlier I highlighted Diagio India commentary now this..Rado says Diwali month was best on record .. Strong wealth effect playing out..
ET NOW my longest hold. On our 13th Anniversary. This Newsroom. Hugely Grateful to my Mentors, Well wishers & Contributors. Secret. Keep the faith. Focus on bigger picture. Play long games w/long term oriented people. Keep the hustle on. Avoid energy drainers.
#StayBullish
Cheers
Feb 13th: Lamborghini India says: Sold out for rest of the year
Feb 6th: Audi India says : Aim to treble sales in 2-yrs
Jan 25th: Porsche India record best ever sales on record
#LuxuryCarsSales
Rise of the Indian
#retail
investor. monthly SIP flows at 10300 cr, isn't that amazing guys ..yes it's boring , wealth creation appears slow, costs nibble into returns, but solves biggest issues for most indian households, inflation, goal based investing, financial discipline
ET: HDFC Life looks to buy Exide Life for 5000cr, (the stock was mighty excited yesterday when ET NOW broke the story of preff issue to an investor to raise USD 1 Bn , board meet today)
Zoom out guys... Market is just doing exactly wht it's supposed to, nothing extraordinary. Dip 10-15% few times in 1-2yrs, 20-25% a little more rarely over 50% once a decade.. Reign in yr activity if you are a momentum trader, rest keep yr SIPs on otherwise, investors chillax
Aug SIP clocks yet another 'RECORD HIGH' of 12694cr !! this is just not a retail investor flocking phenomenon anymore, its a Indian saver diversifying its basket of $500bn phenomenon (Indian saver comprising of occupations stuck in gold, realty FD etc)..chalo good ..march on...
Greetings from London Heathrow !! 2-weeks of chilling w/ family & friends & of course squeezing in some meetings with/ investors & asset allocators operating out of here for Market Gupshup... Will share insights..
Next Shiv Nadars, Azim Premji and Narayan Murthys will come from contract manufacturing in pharma and chemicals & specialty chemicals companies sectors - need to find and bet on the right mgmts. - Nilesh Shah, Kotak AMC
Tata Motors to foray into CNG segment with Tiago..... ( after displacing Hyundai for its 2nd spot...it seems to be training its guns at the leader ....in PVs
Indore would clearly be the cleanest city I have seen so far, what amazing implementation of Swach Bharat programme..dustbins every 100mts, spotless clean roads. Locals say it's all becoz of Malini Guad, Mayor of Indore. Sets an example.
@BJP4India
@SwachhBharatGov
We are in a Cinderella time" This is the Sweetest credit cycle i have seen in many years - Uday Kotak to ET (today)
Seeing the best macro opportunity I have seen in my 37-yrs of career - ICICI Bank's Sandeep Bakshi ( at the Analyst Day )
Studying the Multi billion dollar
#HomeImprovement
theme
#Morbi
meeting sanitary & tile manufacturers & exporters. Clients from dozens of countries.. Will share notes.. On ground observations
The great Indian marriage: Over 25 lakh weddings expected to generate ₹3 lakh cr in just one month, says CAIT the ripple effect of this would amazing..
Diageo India citing sharp surge in HNI & UHNI universe in India as good volume drivers for premium whiskey !! USL Solid results days high of 900+ even in such weak markets ..
Maine toh Bola hi tha...restarts in the market after a gap of almost 2 years...ye stock Bola tha , Woh stock Bola tha..Dekho Kitna chal Gaya...mein Kitna mahan hoon...
Now this is some news that market will sit up and take notice of, 3 of most respected market observers being taken as part of Govt economic advisory , be rest assured markets & economic issues will reach the top office now ..
Capex boom making India stocks look inexpensive
Investment/ GDP ratio can surge to 36% from current 31% in next 5-yrs
Corp profits can grow 25% CAGR next 5-yrs
Top bets: Cap goods, engineering, Construction
MS Note
Jan SIP stands at fresh all-time-high of 11516cr, chew this. 5th month in a row SIP flows sustain above 10k cr. Shift towards financial assets continues..
Biggest Monthly buying in almost two decades !! Almost every day 4000cr on avg looks like FOMO among foreigners though appears very bullish actually makes me nervous, hope I am wrong..historically biggest flows come near toppish zones, lowest flows near bottoms, screaming data
The real small/ midcap lovers of potential multi-baggers dont like Bull markets ....they actually long for crashes & long bear phases ...its in those times that the bruised investor hands over their positions in droves at no impact cost, real accumulation happens at low price...
Just Now: SBI Chairman Khara to ET NOW - Not worried about our exposure to the Adani Group, assets of adani group under exposure have been generating adequate cash flows..
A developed country is not where the poor have the cars but it's where the rich use the public transport. That's where we have to aim for as a country...beautiful point by Udai Kotak at ET CEO Roundtable.