What’s your wish for Budget 2022?

The Indian stock markets continued its decline last week as well as major benchmark indices – Nifty & Sensex shed ~3% each. A number of developments have led to this… The most prominent effect could be seen due to the US Federal Reserve’s decision to raise interest rates this year.

As the Fed will raise interest rates, foreign institutions will take out money from India and invest it back in the US as yields (or interest rates) rise there. Next, crude oil prices have been on the rise. India being a net-importer of oil is feeling the pressure as import costs rise. Finally, geopolitical tensions between Russia and the US over potential invasion and annexation of Ukraine by Russia has left investors nervous, leading to market sell-offs.

Anything Special cooking this week?

What are the world’s markets if not the biggest symbol for what faith and belief in a piece of paper can do? In a structure so driven by emotions, it’s inevitable that markets will react to rumours and early breaking news. Investing in a stock going through such a scenario, while betting on future valuation, is called Special Situation investing.

Read more here.

Special Situation smallcase by Adroit Financial Services

Our Managers at Adroit Financial Service have curated this unique portfolio dealing with mispriced stocks going through tumult so that you don’t have to do the heavy-lifting. Believe the idea has potential? All you have to do is hit invest!

Meme of the week

In other news…

…India is incentivising production! Why should you care? See what our Managers at Windmill Capital have to say about it –

What are you doing this week? We are…

Reading Lexicon By Max Barry – To those of you tired of reading non-fiction, here’s a book that you could read for a breather. However, let that not make you take this book any less lightly. Lexicon relates modern-day questions of privacy, identity, and the rising obsession of data collection to centuries-old ideas about the power of language and coercion. All of this is done through a thriller about a unique school the goal of which is to teach students the art of persuasion and negotiation.

Watching Devs – This show is being hailed as one of the most impactful sci-fi shows that talks about the next future that’s in store for humankind. The show is through the eyes of a software engineer Lily Chan who investigates the secretive development division in her company after her boyfriend goes missing.

And that’s a wrap on this week’s newsletter. Are you stoked about the Budget session tomorrow? Since it is also around salary day, you might want to keep your investment corpus for the month aside. Until next week, stay safe and invested in ideas!