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September Pulse - Sage Views - Stage set for Growth
"The individual investor should act consistently as an investor and not as a speculator." - Benjamin Graham Dear Investor, Indian equity markets extended their downward trajectory in August, marking a second consecutive month of declines. The imposition of heavy tariffs by the US overshadowed optimism surrounding GST cuts, leading to a 1.4% drop in the Nifty and a 1.7% decline in the BSE Sensex . Broader markets faced steeper losses, with the Nifty Midcap 100 falling 2.9% and

Nikhil Gupta
Mar 12, 20253 min read


August Pulse - Sage Views - Costs of Bottom Fishing in the Market
"The markets are like a weather; you may not like it but you have to bear it" - Rakesh Jhunjhunwala Dear Investor, Indian equities declined in July’25 (Nifty down 2.9% mom; 5.5% below its September’24 all-time high). FIIs sold heavily during the month, completely reversing four successive months of inflows. DII flows remained strong at Rs 609bn in July. Within Nifty, most sectors declined; IT, Energy and Telecom lost the most . Both Small Cap and Mid Cap indices underperforme

Nikhil Gupta
Feb 11, 20253 min read


November Pulse - Sage Views - Crisis Confusion Clarity
"Stick to your plan, Ignore the ongoing sentiments in the market" - Radhakishan Damani Dear Investor, October 2025 marked a highly positive month for the Indian market, delivering the strongest monthly gains in seven months as relatively better corporate earnings and reasonable valuations attracted foreign investors back. The Nifty 50 rose 4.5% and the BSE Sensex climbed 4.6%, leaving both indices almost 2% from their record closing highs set in late September 2024 . Broader

Nikhil Gupta
Dec 20, 20243 min read
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