Week Ending 20th April 2024
# 1 Markets Breaking four straight days of its losing streak due to the escalation of tensions in the Middle East, surprisingly, Indian benchmark indices climbed on Friday, with Sensex closing at 73088 and Nifty closing at 22147. However, we expect volatility to persist until the election results in June. But this geopolitical tension weighed […]
Rebuilding Rural – A key component to India’s growth
The rural economy in India is experiencing significant growth, catalysed by a convergence of significantly enhanced digital reach and strategic infrastructure development. This surge is not only reshaping the economic landscape but is also enhancing the quality of life for millions of people in rural India. Central to this growth has been expanded access to […]
Week ending 13th April 2024
Week ending 13th April 2024 # 1 Markets 1.1 Two psychological barriers were breached on the bourses last week with India’s market capitalisation reaching ₹400 lakh crore, followed in quick succession by the benchmark Sensex cresting 75,000. It has taken less than a year to add ₹100 lakh crore to market value. Jubilation did not, […]
India’s Wealth Paradox
Navigating the wealth divide and embracing inclusive growth: the biggest challenges Over the past few decades, India’s economic odyssey has been remarkable. The nation consistently clocked impressive growth rates, with a 4.9% pinnacle between 2005 and 2010. Between 2015 and 2022, it maintained a commendable 3.9% growth rate, accompanied by the national wealth-to-income ratio rising […]
NBFCs – Private Market Valuations
The financial services space contributes 15% to the GDP; its size is comparable to the expansive manufacturing space, which includes sectors like FMCG, apparel, pharma, chemicals, etc. and contributes 18% to the GDP. The space further encompasses a diverse set of sectors – housing finance, consumer lending, nano and microenterprises lending, SME lending, insurance, wealth […]
Week ending 6th April 2024
# 1. Markets Markets got clueless last week with Indices remaining sideways and ending flat on Friday as RBI’s policy announcements had no major fireworks. It looks like indices are consolidating after a sharp run up, which is healthy sign. US markets marked worst sessions last week since mid Feb as interest rate uncertainty and […]
Insights into BimaSugam: A Comprehensive Review
Background: IRDAI initiated the idea of BimaSugam in 2022 and wanted to materialise in January 2023; however, it has been delayed due to multiple reasons. Public sources and the recent draft regulations revealed the regulator’s intention to establish an online platform for listing and selling insurance policies. The idea of this platform evolved to improve […]
Week ending 23rd March 2024
# 1 Markets Though India Vix continues in a narrow range of 12-14, indicating lower volatility, markets did witness a spike and fall of 500 bps last week on the play of opposing forces between political stability backed by strong economic growth and rich valuations. On Friday, Sensex rose 190 points to close at 72831 […]
Expanding Horizons: The Rise of Private Debt Funds
Looking globally, the private debt market has been booming for the last decade. The private debt market stands at an AUM of $1.3 trillion. as of 2022, up 12% from the previous year. The asset class continues to garner significant investor interest, with private debt fundraising standing at $230 billion. over 2023. The market’s need […]
Week ending 16th March 2024
# 1 Markets Equity market went on tailspin last week with alternate dates of rise and fall reacting to Fed announcements and SEBI actions on small and mid-cap funds complimented by warning statements by SEBI chair. Both Nifty and Sensex shed 454 points on Friday and closed lower at 22023 and 72643 respectively. US Markets […]