“I believe that at 18,000 level, we might pause a bit because 18,000 is a psychological level and we have seen a non-stop rally from 15,300. So I think, there would be a breather, there could be some profit taking and within that pullback, which could be about 200-300 Nifty points one can start entering the market, though the midcap and the smallcap space will continue to rally going ahead.”

“In Q1, it looks like there is a dip by about 2% in market share, but if you compare it with the March 2022 figures and the June figures, it is up by 2.1%. The IRDA figures are already out and in July, we gained about 3% of the market share. This market share gain has come on the back of very strong performance in the P&GS business.”

“Singer’s new owners were looking for some Indian investors to help it grow and that is why on Tuesday there was sale of some stake by Retail Holdings (India) B.V. The new local investors including Rare Investments are financial investors but they will help chalk out plans to grow the company as well.”

“The peak is behind us for sure but our portfolios or our thought processes/ corpuses are consistent. We have got new trade norms and within those trade norms, prices of everything that were deflationary for almost a decade will have some kind of pricing power going into the remainder of the 2020s to 2030s.”

“China is slowing down and we have a six-nine months’ breather before inflation spikes again. That is why the markets are partying. For Indian investors, it is best to be domestically focussed because falling inflation helps us and the domestic economy is completely opening up. All these stocks in FMCG or food sector, banks, autos should perform well.”

“After the fall in the retail price index that is the CPI to below 7% in July, the wholesale price index is also now down to 13.93%, down from 15.18% in June. But the fact is this is on a fairly high base. On July ‘21, WPI was 11.57% and so it was fairly high. We need to keep that caveat in mind.”

“Overall, the index earnings numbers have been downgraded and as a consequence, we are again touching the upper end of our valuation band as far as the overall market is concerned. Within that, we will always find sectors which are doing well. Auto and auto ancillaries and public sector banks are likely to be in a sweet spot and continue to grow reasonably well. ”

"We divided the portfolio across market caps and across sectors. Most of these companies are predictable Rahul Dravid-type growth machines while a few are like Rishab Pant - the hard hitters. We buy growth companies because when you buy such stocks that are leaders in their space the stock moves up steadily as it gets cheaper with each passing day (due to above-average earnings growth)."

"We had gone into last week hoping to find signs that the 18,200 trajectory, would be intact or not. For this, we were eying the 17,570 mark as a crucial point. The manner in which this was taken down last week encourages us to expect that the 17,750-17,830 region, which has disappointed multiple uptrend attempts since November, could be taken down before aiming for 18,200."