I think one needs to keep a long-term perspective when it comes to investing. The market has seen many who have been bowled out clean trying to second guess near-term events and trends.
I think one needs to keep a long-term perspective when it comes to investing. The market has seen many who have been bowled out clean trying to second guess near-term events and trends.
We see a lot of flows - we touch about 20% of all investable assets in the world. As a result, we have a good crystal ball for the present because we can see how flows and investments are changing and moving between regions in the world.
Typically it is to attract tourists as during the Covid pandemic we saw the tourist industry suffering a hard blow. It is a win-win for both individuals who can work remotely and the hosting country i.e. offering this visa as they know that that person is not liable for the job in that country because he has to have a secured job or secure income.
Also, where microfinance is extended to women in the rural system i.e. finance is provided without the collateral, women are coming to the forefront and running their family businesses or the businesses that are run on their own. So, as against the earlier instance where women used to take a backseat in running the business, they have come forward in a significant way and that is the real change that has happened.
So, typically as some of the job profiles which were rendered remote during the Covid times, continue to be remote, this concept will gain more popularity.
At CMS, we currently have an order book of over Rs 1,000 crore in the first 9 months of FY23. The focus is on the implementation of the order book wins, and most of our key projects in the order book are on track. Our enterprise sales strategy has played well for us as we continue to win contracts with multiple customer logos across business lines
A mid-week break will hasten time decay and affect the flow for options traders for the 9th March expiry. Yet, we will open the week with hopes of continuation in the relief rally aiming for 17800-18250 and 43000 in Nifty and Bank Nifty, respectively, as the ideal endpoint, with downside markers placed at 17,500 and 40,900
"​​If we are able to take policy measures to get portfolio flows or to get foreign flows or to get the domestic liquidity much better, we need to watch. If not, we think interest rates could be a dampener this year. The currency could be a lot weaker, We could see liquidity being available for growth requirements moderate and that could have an impact on potentially the leverage demand for SMEs."
I think most of the forward-looking indicators are things which would be very important. So investors would be looking at the deal booking numbers and the kind of hiring intensity. I think these are couple of lead indicators that one should be looking at.