“We have started to sow a little bit. I think towards the end of last year, there was a time to reap. We saw two very strong years of performance both in 2020 and 2021. While in the backdrop, the economy was heavily impacted because of Covid, despite that, the markets gave a very strong performance from a very low point in the beginning of 2020.”

“We have been asking clients to buy ICICI Bank. The second is HDFC Bank. The stock has been an underperformer vis-à-vis the entire banking sector and can lead the rally from here. Third is the State Bank of India. The numbers were a little below Street estimates, but for the next few quarters, numbers would be strong for PSU banks. SBI should lead the rally.”

"Trading looks lucrative, but it is not easy to make money in trading because you have to deal with your emotions along with market volatility to make money and data tells that less than 10% of active traders make money. Trading requires a different mindset and skills; therefore, you should start it part-time to understand whether it is working for you or not and then gradually you can move to full-time trading."

"I have the best pair of noise cancelling headphones in the world. When picking a stock, I put them on, and cut off all the hype. It is between me and the numbers. Before investing, I have a rigid list of fundamental parameters which a company must fulfil for me to even shortlist it. Some of the most important factors are the general trajectory of the industry, innovation through R&D and character of the management."

"It is best to stick with largecap companies which would bounce back faster and are able to withstand the pressure of a harsh environment. In the case of small & midcap stocks, we would advise caution and also recommend investment only in niche companies/sectors with high entry barriers, strong governance, and robust cash flow taking into account the total addressable market for the company."

“The biggest challenge is something that perhaps most people have not touched upon. It is the fact that some time in the next few years, we will have to do the delimitation of seats to the Lok Sabha. We are stuck at 543 seats based on the 1971 census that the population distribution has changed dramatically.”

"There are two popular strategies in option selling. The first one is short strangle, which is selling out of the money options, and the other one is selling at the money option. Selling at the money is a risky proposition while selling out of the money is less risky."

“We cannot be a developed country if the bottom 40% of our population is excluded from financial services. The digital world, responsible use of data for cross selling will allow us this access to the bottom 40%; otherwise we will all only end up lending to ensuring and managing investments of the top 60%”

“Facing adversity with a sense of reality was something Rakesh Jhunjhunwala always believed in. How to admit reality and change your view with courage and conviction is a very great quality that he had and he was always a learner. You cannot get wise without being a learner, luck is not enough.”