Bonds or Equities I Book Highlights I Clampdown on bond platforms

Chart of the Week: Earnings Disappointment – A Tale of Two Charts

The earnings season has presented a mixed bag of results, sparking a debate: should we analyze the numbers optically, or exclude oil and metals (impacted by commodity price declines)? The latter perspective paints a less gloomy picture.

However, the undeniable reality is a slowdown in earnings growth this quarter. With a strong festive season in October, the December quarter results will be closely scrutinized for signs of recovery.

Summary and Outlook

1. Market Sentiment Post Exit Polls With exit polls predicting a decisive NDA victory, markets surged on Friday and are expected to climb further. The outcome has injected optimism into market movements.
2. Geopolitical Concerns Any escalation in the Ukraine-Russia conflict remains a critical factor that could impact global markets.
3. Nifty’s Technical Levels Nifty has solid support around the 23,000 mark. A drop below 22,500–23,000 could trigger panic, likely only in the event of a major geopolitical shock. On the upside, the 30,000 Nifty level remains achievable barring significant negative developments.
4. Strategic Deployment We reiterate our strategy of staggered investments up to the 25,000 Nifty mark, post which we will reassess the market landscape.
5. Long-Term Projections Looking ahead, a Nifty level of 30,000 and Sensex at 1 lakh appears attainable in the absence of major global disruptions. Investors should prepare portfolios to navigate both best- and worst-case scenarios, given the volatility and emergence of new market leaders.
6. Cryptocurrency Alert Despite nearing the ₹1,00,000 mark, cryptocurrencies remain a highly volatile asset class. We recommend exercising caution and staying away from speculative investments in this space.
7. SEBI’s Bond Platform Crackdown SEBI has taken action against three unregulated bond platforms. Investors are advised to be discerning, as unfettered online bond sales pose significant risks. At GoalTeller, we emphasise prudence and encourage our readers to exercise due diligence when investing in bonds.

Social Media Post of the Week

On the sidelines of the Mint Money Festival, our thoughts on:

• Defining your personal FIRE (Financial Independence, Retire Early) number.
• Why equities, despite popular belief, may be less risky than bonds. Catch the post here: View on LinkedIn

See full post

Perspective of the Week: Book Review

The Art of Execution: How the World's Best Investors Get It Wrong and Still Make Millions by Lee Freeman-Shor This insightful book delves into the strategies and mindsets that differentiate successful investors from the rest. A must-read for anyone looking to refine their investment approach. Download it here.

Interesting and Insightful Reads

1. Why SEBI Cracked Down on Unregulated Bond Platforms Read here
2. Record Air Traffic: 5 Lakh Departures on November 17 Read here
3. India’s GDP Growth Likely to Slip to 6.5% Read here
4. Neuroeconomics Read here
5. Meta Faces ₹213 Crore Penalty in India Read here
6. Bihar’s Economic Challenges Read here
7. Talking Finances with Kids Read here

Disclaimer

The information provided in this article is for educational purposes only and should not be considered financial or investment advice. Please consult with a professional advisor before making any financial decisions. Past performance is not indicative of future results.

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