Quarterly Updates

Time to Increase allocation to Equity - The current market volatility provides a good opportunity to increase the allocation to equity in a phased manner. We as your trusted advisers, are watching the market developments very closely. We would be using this volatility to increase your equity exposure over the next few months. This will enable you to gain from lower cost of acquisition of some good mutual funds. This is also the time to increase for SIPs in case you have any additional monthly surplus. SIPs work wonders to average the buying price in a down moving market. Your respective financial adviser will be in touch with you to guide you through the current market conditions and make most of the current opportunity. 

Sensex has gained 14% since the beginning of this year and NIFTY has gained 11.2% during the same period. The Corporate Earnings of April - June quarter led to a better performance of firms in FMCG, Information technology and Pharma sectors. But the trade deficit widened to USD 18.02 and rupee value depreciated to 70.65.

 We will analyze the market condition by understanding the below factors: 

• Trade Deficit

The trade …

The domestic stock indices Sensex & Nifty hit the lifetime high. Sensex reached 37500 level for the first time and NSE Nifty reached a peak of 11300 level. The increased corporate earnings resulted in positive investor sentiments. Also, the rising dollar rates increases the revenues of sectors such as IT and Pharma. This, in turn, results in a chain reaction of growth and positive sentiment in the market. Though the …

Markets are suggesting mixed signals at the moment. On one hand, macros continued to weaken due to sharp rise in oil prices, pressure on current account deficit and its impact on inflation. On the other hand, corporate earnings have shown a steady increase. In-fact corporate earnings have been highest since demonetisation time. 

Indian Rupee has fallen to its lowest ever against the US dollar last month. The fall in the …

Current market condition can be understood better if we analyse the following factors:

1. Improving Micros - Corporate earning is improving steadily over the last four quarters. It has improved by around 11% from the year-ago period. Most of the analysts expect this momentum to continue and earnings are projected to grow steadily over the next 2 to 3 years.
   
2. Worsening Macros -  There are some key macro factors that have …