Thoughts and Reports
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Nifty50Futures… Framework for Managing Portfolio
A Disciplined Framework for Managing a Nifty 50 Futures PortfolioMost participants in the futures market spend their time predicting short-term price movements. Our approach is different. We attempt to anchor decisions in business performance and valuation, while using futures as an efficient instrument to express long, short, or neutral views.The framework rests on a few… Continue reading
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Corporate Failures in India
Why Companies Collapse: Lessons from India’s Corporate FailuresBusiness schools often teach strategy, marketing, finance, and leadership through the stories of successful companies. Yet some of the most valuable lessons come from studying failure. India’s corporate history over the last twenty-five years provides several examples of once-prominent listed companies that collapsed, destroying shareholder wealth, jobs, and… Continue reading
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Weak Monsson and Bullion Prices
A deficient monsoon does not affect only agriculture. In India it can quietly alter the behaviour of households, bullion markets, imports, and even the currency. History shows that during periods of rural stress, India’s traditional savings structure begins behaving very differently from normal financial markets.India’s villages do not merely consume gold and silver; they also… Continue reading
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Gold, India Households, and Security
Gold in Indian households is often criticised as “idle wealth.” Yet this view misses one of its deepest economic functions: intergenerational security.The gold passed from one generation to another has already rendered immense service long before it is ever sold. It acts as family insurance — silent, reliable and available without paperwork. In times of… Continue reading
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Freebies, Society, and Equity
The Lord has been giving mankind food, fruits, water, air, sunlight, forests and countless other essentials freely since ages. Nature never discriminated between rich and poor while offering its gifts. Human civilization itself was nurtured upon these freely available resources long before modern economic systems emerged. Then society began organizing itself and laws came into… Continue reading
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DBT and Economy
A nation of India’s scale cannot build lasting economic strength merely through stock markets, corporate profits, or periodic spurts of growth. True resilience emerges when the weakest citizen is able to withstand shocks without collapsing into hunger, illness, or hopelessness. The experience of recent years — from the epidemic to global wars and inflationary pressures… Continue reading
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Oil Price and the Panic
There should not be excessive panic if prices are merely reflecting the actual economic reality of the time. In fact, suppressed prices often create bigger distortions later. If crude oil becomes expensive globally, then fuel, transport, fertilizers, logistics and eventually many goods becoming costlier is a natural transmission mechanism of the economy. Trying to permanently… Continue reading
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Savings and Indian Tradition
India has traditionally been a nation with a strong savings instinct. As incomes rise here, spending does increase, but not always in the same proportion. A meaningful part of incremental income tends to move into savings. This tendency goes beyond ordinary saving for future consumption and includes forms of long-duration wealth preservation such as gold… Continue reading
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Foreign Capital and Illusion of Prosperity
Foreign Capital, Asset Ownership and the Illusion of ProsperityThere are periods in economic history when a nation appears suddenly prosperous. Asset prices rise, foreign money pours into stock markets, currencies remain strong, consumption expands and citizens begin to feel wealthier. Yet beneath this visible prosperity, an important question often remains ignored:Who actually owns the productive… Continue reading
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Possible Course of Market
Most corporate balance sheets in India have cleaned up significantly over the past decade. At the same time, the era of fanciful run-ups and reckless diversification appears largely behind us. Business lines are now more clearly defined, and managements seem to have learnt the risks of chasing easy money for short-term gains.Despite crude oil remaining… Continue reading
Panch Tattva Wisdom 