If we reduce LTCG and STT, the tax collection will go up 2X within a year. That’s the beauty of capital markets. U offer a hand shake , it will give u a jhappi.. literally Jaadu ki Jhappi 🤗

Markets are the greatest leveller after sports.. U pick Multibaggers and think u have cracked it, u get days like last week where 6 months gains are gone in 6 days. India from most favoured EM for 2 decades became the least favoured market in 2 years. Respect markets and Stay humble. most imp- what u do on downturns decide how much u go up when things turn. When results don’t come , increase ur efforts( research) even more.

4 simple reforms can bring tons of capital n make govt tax revenues also go up 1. Reduce cost of investing -STT,stamp duty 2.Reduce LTCG (less is more ) 3. Allow NRIs to open Demat n PIS digitally 4. GIFT city -benchmark to Singapore, dubai. Onboarding, taxation too complicated

May good always triumph over evil, Dharma always prevail over Adharma. May all the wars n unrest end May the affected rebuild their homes, shops and career. Happy Dussehra !!

If the Honourable FM reduces LTCG and STT, India can get over $150 Billion of FII and FDI flows surpassing even FCNR deposits in next 3 years .. Moreover the capital gain and STT Collections will actually go up. This is the power of capital markets . It’s a win win!

Take on recent FII selling and way forward. Expect some policy response too! @blitzkreigm @ekta_batra

Good quarterly update from Banks and NBFCs with credit growth above 18% Strong updates from retail n consumer businesses- Dmart ,Trent Barring tractors , PVs and 2 wheelers also show good uptick.. met some auto anc promoters and outlook is positive. Focus on good stock picking n be disciplined .. too much pessimism is often a good level in hindsight :)

Nvidia doing a $150 Bn buyback open AI doing a private funding round of $30 Bn at $1.4 Trillion valuation AI capex in US alone is $700 Bn+ Our big corporates have clearly missed the biggest Industrial Revolution in form of AI.. But there are a few first Gen entrepreneurs investing in AI ancillaries and ecosystem, energy value chain , defence technology as works rearms and future health tech.. use the correction to own them for long term. Others are mostly value traps n may at best give u some tactical bounce …

Revenue growth of NSE 500 cos for Q1 was 21%.. when u meet managements they r upbeat ..concern is not demand ..it’s raw material, input cost. GST, IIP nos ,bank credit reflect economic momentum. Focus on stronger balance sheets n cash flows as cost of capital goes up.

Look for promoters who have consistently scaled up revenues, no or very low equity dilution and are constantly moving up the value chain through innovation and proper capital allocation.. They are very few and may optically look expensive but are the right ones to bet on.

India GDP is 2014 was $2 trillion In 12 years we have just managed to double the GDP in dollar terms This is 6% nominal GDP growth ? Time to reboot and do more reforms. Attract risk capital and reduce taxes. Else we can forget about $10 trillion goal for some time..

A former RBI governor said India would be lucky to grow at 5%.. and why do we want to be a superpower ? What a fall A leading journalist says what will be do reaching Prayagraj 5 hours early when asked on expressway? Question GDP growth with no knowledge of basics statistics .. Yes we must be critical of govt on jobs, excessive taxes n surcharge n cess but let’s not demean or wish ill for our Country.. Need to draw a line between political ideology n National interest !!

$135 Billion of Forex flows through FCNR, ECB. India forex reserves cross $750 billion.. this is massive ! Banking system now surplus with liquidity and credit demand is strong. I strongly feel FPI flows also will see a reversal once crude cools off.