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Impavid Bulletin

expert-views

​Other could be just a large gift, a large, small, whatever amount which you would leave to the grandchild to sort of look out for themselves. In which case, it is pretty simple you just transfer that money and the grandchild, if the grandchild is able to take care of it, then they will take care of it.

We are continuing to see opportunities in the space of mid and small financial services companies which includes; small banks, private banks, small NBFCs and some of the large microfinance companies.

“Most of the uninformed investors end up riding into the late stage of the euphoria and that is where they end up losing money. People should not participate out of FOMO. Market gives enough time and opportunity to every investor and there is a huge amount of money to be made through different sorts of styles. We should be invested in India. We will make lots of money.”

​But actually, a lot of our profits do come from our oil palm business, which is steadily growing. The government's new policy on oil palm is very beneficial. We are getting new allocations in the Northeast and in Telangana which are very promising for the oil palm business.

There are three Gs available in India; growth better than peer group, governance standards which are better than peer group which reassures investors that if you make money it will stay with you, and finally the green transformation

I do believe that the last 18 months was all about playing 20-20 in the markets. You had to take those bets over few weeks to few months and if you did not get out, you were on the receiving end very-very quickly, so that was the last 18 months.

​We are a little overbought at these levels. 18,900, 19,000 is a point of resistance. So I do not think large caps are going to do anything special but this mid-cap, small-cap rally, I think, is going to continue.

​It is a good thing they are exiting for Shriram and in the case of Piramal, it did not fit into their strategic plans anymore and they had a leverage balance sheet and they are on the course of mending that and this will also help Piramal because it makes their balance sheet strong.

It could make a very significant difference. If you look at what Elon Musk has done in China, they can now produce cars under 45 seconds. So that is the kind of investment that they have made.