![]() This planner is not for the faint of heart. Here’s the ultimate list of customizable planners, that are seriously fool-proof for whatever your needs may be. Well, 2020 was the year of learning to take nothing less than what you deserve – say it with me – and that goes for planners as well. And even if you do find a stellar planner, there’s likely still something that could be just a *touch* better. That’s way too much to pack into every single planner on the market and expect it to work for all of us just the same. On the flip side, if you’re anything like me, it’s not the thought of utilizing the planner that’s truly problematic – it’s the fact that every planner seems to miss the mark in one way or another.Įvery one of us has different needs when it comes to a planner, whether you’re scheduling your days down to the minute (okay, Virgos) or keeping track of your meals to crush all of your fitness goals. Power Grid Corporation of India.If you’re anything like me, your fatal flaw is purchasing a planner (maybe even two) year-after-year and forgetting it ever existed less than two weeks later. Share PriceĪdani Ports & Special Economic Zone. These do not represent the views of the Economic Times) (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. Investing is akin to driving a car where the focus should be both on the rear-view mirror (proven ability to perform) as well as the windscreen (ability to respond to the fast-changing world). Investing is not a pure science it is a beautiful combination of science and arts. The markets, in the long run, are driven by the fundamentals. What were your lessons from the year 2023 that you would like to share with readers?Ībul Fateh: Focus on the fundamentals of the businesses and economy and stay away from the noise. In general, we have been extra cautious in the IPO markets because companies generally tend to behave differently once they become public.Ĭompanies suddenly feel the need to prove themselves in each and every quarter, and such short-term pressures can hamper their ability to think beyond quarterly numbers. How should one approach the IPO space in 2024?Ībul Fateh: Though we do believe that every issuance should be evaluated on its own merit, the end result has been that we have been unable to deploy consequential amounts in IPOs. It is much better if the company is going through a rough patch that we believe is only transitory because the margin of safety greatly increases. ![]() ![]() We continue to stick to our process of picking names that have strong prospects of generating high RoCE, earnings growth, and cashflows. How should one look at picking stocks in the year 2024?Ībul Fateh: The approach towards the markets remains the same. We are already trading at record highs hence, picking stocks will be difficult. If someone has Rs 10 lakh to invest – how should one look at the asset allocation plan considering (the investor) is in the age bracket of 30-40 years?Ībul Fateh: Investors should stick to an asset allocation plan that is a function of both their risk-taking ability and the overall markets.Īs we said, despite the risk-taking appetite being high, high-duration fixed-income products should definitely be considered at this point in time. However, we are cautious on certain pockets where the valuations have risen way ahead of the fundamentals and are in a frothy zone. Given the favourable effects of both domestic (healthy macros) and global (interest rate) variables, we do not anticipate any significant events in the near future that might alarm retail investors and disrupt the flows. ![]() Do you see some consolidation in 2024?Ībul Fateh: If the domestic flows continue to be healthy, we expect the small and midcaps to continue to do well. The consensus view is that the small & midcap space is looking overheated. If this momentum continues and companies continue to deliver on earnings growth, we should see further strengthening in the next few quarters. This was the highest monthly FII purchase done since February 2021. ![]() This has started getting reflected in the flows as December 2023 alone saw FII inflows of close to US$ 4B in the equity markets. The US Fed could reverse the rate hike cycle in 2024 – what is the kind of FII activity you foresee for Indian markets in 2024?Ībul Fateh: Foreign Institutional Investors (FII) sold almost US$ 35B worth of equities in CY2022 primarily because of the increase in risk-free rates in the US.Īlthough the risk-free rates are still high, the commentary and PCE prints suggest that rates have probably peaked. Given the mediocre condition of the domestic healthcare system, we believe that the government’s focus on improving the same will continue. ![]()
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