scripbox Profile picture
Mar 28 5 tweets 4 min read
It’s Monday and while we might have all woken up today feeling like #ChrisRock after the #Oscars the markets lacked a punch last week. Both the #Sensex and #Nifty remained unchanged and saw a fall of less than 1%, to close at 57,632 pts & 17,173 pts respectively. (1/5)
#NiftyMetal and #Energy indices were the outliers and saw a jump of 5.1% and 2.1% respectively. Not terribly surprising considering wars, high commodity prices and global uncertainty. The S&P 500 and #NASDAQ had a good week and closed at 1.8% & 2.3% ↑ respectively. (2/5)
The #Nikkei was 4.9% ↑. It’s been making significant recoveries after falling to its lowest point in a year, on 9th March. In India, #Commodity prices are up, #Energy prices are up, and soon the RBI may not have any option but to take #InterestRates up. (3/5)
Indian #bond yields are increasing slowly. But if #oil prices stay up, things may pick up. This will not be welcome news for the markets or the economy at large that is on a recovery path. The war may be in a distant land, but it can have a big economic impact close to home.(4/5)
For now, the buzzword for the investor is caution. Stick to an effective asset allocation strategy that doesn’t leave you floundering should something (even more) unexpected come our way. SIPs are the best approach and short steps can prevent a punch in the gut. (5/5)

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More from @scripbox

Mar 30
For a quarter now, #FIIs have been taking quite a bit of money out from the Indian markets. But how significant is this retreat in the larger scheme of things? How bad is it? Our research team decided to dig deeper and they did find some gold. Read on.
The FIIs have withdrawn about ₹1.05 Lakh Cr from India till date. That’s a massive amount. But the question is, how much is still invested in #India? The answer is a whopping ₹44.5 Lakh Cr. Compared to last year, there was actually a gross addition of ₹3.3 Lakh Cr. (2/6)
Not looking like a doomsday situation after all. Here’s something to note about how FII holding has changed over the last year - the biggest drop is in banks where the holding dropped from 20.4% to 17.3%. They also dropped their holdings in financial services. (3/6)
Read 6 tweets
Mar 29
The #financialyear is coming to an end, which means it’s appraisal time. As we assess how we did last year as a wealth manager, here’s a report card of how the Scripbox recommended basket of #mutualfunds performed. A thread. (1/8)
Within our recommended basket of #equity funds, a few have outperformed the benchmark across time periods, while a few funds have admittedly underperformed, based on the benchmark. Let’s dig in deeper: (2/8) Image
We strongly believe that investments should be evaluated from a long-term perspective, and with a focus on wealth creation. The most important factor at work? Time. Hence the question, “How has the Scripbox recommended basket of equity funds performed over the years?” (3/8) Image
Read 8 tweets

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