“ The market is now more inclined towards the revival of the economy and all of those things and this narrative about recession and inflation will probably ease out in the next few days. In any case, the base effect of inflation will start playing from next month onwards. We will stop listening to a lot of inflation numbers and all of that and I guess the market is building on that,”

"The Indian market offers a very unique breadth of opportunities. Often these opportunities are not captured by the top 50 or 100 names because many of these firms are smaller in size and very fragmented. These small and midcap companies are growing much faster than some of the larger names and we see a significant structural growth opportunity here."

“Every style will have its own time, every style does not work throughout. In ten years the same style will never work. So styles will go out of favour. Like the same cricket team does not work, what was top of the charts last year are bottom of the charts this year! Look at IPL, the top two teams are the bottom two teams.”

"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."

"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)."

“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. ”

“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.”

“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.”

“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.”