US Tech Sector – Outlook
An assessment of the US technology sector amid rising interest rates, highlighting valuation pressures on innovation stocks and relative strength in semiconductors and biotechnology.
Market Insight – Indian Fixed Income Markets: Offer Great Buying Opportunity
Elevated 10-year government bond yields in India are creating a rare risk-free real return opportunity, making long-duration fixed income instruments attractive from a risk-reward perspective.
Interesting Times to Build Your Fixed Income Portfolio!
With slowing global and domestic growth and rising equity market uncertainty, fixed income emerges as an attractive asset class offering stable, tax-efficient post-tax returns.
How we have maneuvered the markets recently!!!
A detailed review of how dynamic asset allocation, selective overweight positions, and macro-driven sector views helped strengthen portfolio performance over the past year.
Gold Our Views
After a meaningful correction from its 2020 peak, gold offers an attractive entry point, supported by inflation risks, accommodative monetary policy, and long-term structural demand.
Equity Market View
Equity markets globally may be nearing a cyclical peak, with rising bond yields and inflationary pressures likely to trigger a moderate correction over the next 6–9 months.
Credit Policy & Inflation forecast by RBI
RBI maintained a neutral stance and repo rate but raised its inflation forecast, triggering a bond market sell-off. We believe inflation risks are overstated, creating an attractive opportunity in long-duration fixed income.
SIEMENS ENERGY
India’s grid modernisation leader in HVDC, GIS & advanced switchgear. Oligopolistic positioning, ~24–26% revenue CAGR, and rising global export demand support premium valuations.
KAYNES TECHNOLOGIES
Differentiated EMS platform in automotive & industrial electronics, expanding into OSAT & PCB. Temporarily derated by governance noise — a high-quality accumulation opportunity.
DIXON TECHNOLOGIES
India’s leading neutral EMS platform scaling from mobile assembly to laptops & sub-assemblies. 24–25% CAGR growth backed by multi-OEM diversity, PLI tailwinds & backward integration.