Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Thematic (Sector/Industry)

<ul>
<li>Precious Metals and the associated equities have been a high-conviction investment idea for us in 2024</li>
<li>Gold is up 32% YTD and a representative index of gold miners is up 39%</li>
<li>Should we take the money and run? Is it over?</li>
</ul>


Precious Metals and the associated equities have been a high-conviction investment idea for us in 2024
Gold is up 32% YTD and a representative index of gold miners is up 39%
Should we take the money and run? Is it over?


As Good as Gold – Take the Money and Run?

Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/hyundai-motor-india-ltd" target="_blank" data-smartkarma-citation="entities:40900:1" rel="noopener">Hyundai Motor India (1342Z IN)</a> is looking to list on the exchanges by selling up to INR 279bn (US$3.3bn) of stock at a valuation of up to INR 1,593bn (US$19bn).</li>
<li>The anchor allocations will be completed early next week, and the stock is expected to start trading on 22 October.</li>
<li>The stock will not get Fast Entry to global indices. Inclusion at regular rebalances should take place in February and June next year.</li>
</ul>



Hyundai Motor India (1342Z IN) is looking to list on the exchanges by selling up to INR 279bn (US$3.3bn) of stock at a valuation of up to INR 1,593bn (US$19bn).
The anchor allocations will be completed early next week, and the stock is expected to start trading on 22 October.
The stock will not get Fast Entry to global indices. Inclusion at regular rebalances should take place in February and June next year.


Hyundai Motor India: Index Entry Timing for India's Biggest IPO

Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

<ul>
<li>FED has finally decided to cut the interest rate by 50 bps and plans to another 50 bps cut in 2024.</li>
<li>By end of 2025, policymakers expect 100 bps cut in rate and in 2026 another 50 bps cut.</li>
<li>We analyse the impact of the rate cut on Indian Markets, and GDP.</li>
</ul>


FED has finally decided to cut the interest rate by 50 bps and plans to another 50 bps cut in 2024.
By end of 2025, policymakers expect 100 bps cut in rate and in 2026 another 50 bps cut.
We analyse the impact of the rate cut on Indian Markets, and GDP.


Thematic Report : Impact of Rate Cut on Markets

<ul>
<li>As things stand, <a href="https://www.smartkarma.com/entities/trent-ltd" target="_blank" data-smartkarma-citation="entities:8410:1" rel="noopener">Trent Ltd (TRENT IN)</a> could replace <a href="https://www.smartkarma.com/entities/bajaj-finserv-ltd" target="_blank" data-smartkarma-citation="entities:5669:1" rel="noopener">Bajaj Finserv (BJFIN IN)</a> in the <a href="https://www.smartkarma.com/entities/s-p-bse-sensex-index" target="_blank" data-smartkarma-citation="entities:31494:1" rel="noopener">S&amp;P BSE SENSEX Index (SENSEX INDEX)</a> at the close on 20 December.</li>
<li>Addition to the F&amp;O list could see <a href="https://www.smartkarma.com/entities/zomato-ltd" target="_blank" data-smartkarma-citation="entities:28820:1" rel="noopener">Zomato (ZOMATO IN)</a> added to the index instead. That could then result in two changes to the <a href="https://www.smartkarma.com/entities/s-p-bse-sensex-index" target="_blank" data-smartkarma-citation="entities:31494:1" rel="noopener">S&amp;P BSE SENSEX Index</a> in December.</li>
<li>
<a href="https://www.smartkarma.com/entities/trent-ltd" target="_blank" data-smartkarma-citation="entities:8410:1" rel="noopener">Trent Ltd (TRENT IN)</a> is also an inclusion to the <a href="https://www.smartkarma.com/entities/nifty-index" target="_blank" data-smartkarma-citation="entities:23617:1" rel="noopener">NIFTY Index (NIFTY INDEX)</a> later this month and the pool of shares available for active investors is getting smaller.</li>
</ul>


As things stand, Trent Ltd (TRENT IN) could replace Bajaj Finserv (BJFIN IN) in the S&amp;P BSE SENSEX Index (SENSEX INDEX) at the close on 20 December.
Addition to the F&amp;O list could see Zomato (ZOMATO IN) added to the index instead. That could then result in two changes to the S&amp;P BSE SENSEX Index in December.

Trent Ltd (TRENT IN) is also an inclusion to the NIFTY Index (NIFTY INDEX) later this month and the pool of shares available for active investors is getting smaller.


SENSEX Index Rebalance Preview: Trent Could Replace Bajaj Finserv; BUT F&O Adds Could Change That

India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India Equity Analyst - Fundamental & Thematic

<ul>
<li>India's IPO boom is bucking the global trend with highest ever IPOs in H12024; thanks to strong inflows and investor confidence.</li>
<li>SEBI's report show flipping trend with 54% of investors have sold their IPO bound stocks within a week of listing.</li>
<li>2024 has been the golden year for all the stakeholders considering better listing gains and returns along with number of opportunities available.</li>
</ul>


India's IPO boom is bucking the global trend with highest ever IPOs in H12024; thanks to strong inflows and investor confidence.
SEBI's report show flipping trend with 54% of investors have sold their IPO bound stocks within a week of listing.
2024 has been the golden year for all the stakeholders considering better listing gains and returns along with number of opportunities available.


Thematic Report: Charting Key Trends of India's IPO Boom

India

The S&P BSE Sensex Index is a cap-weighted index. The index members have been selected on the basis of liquidity, depth, and floating-stock-adjustment depth and industry representation. Sensex has a base date and value of 100 in 1978-1979. The Index shifted to free-float methodology since 09/01/03. Please see {SNSXOLD Index <GO>} for mid-month options.

S&P BSE SENSEX Index (SENSEX INDEX EQUITY)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
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S&P BSE SENSEX Index (SENSEX INDEX EQUITY)

As Good as Gold – Take the Money and Run?

2024 has been a strong year for precious metals and associated equities, with gold up 32% YTD and gold miners up 39%. The question now is whether...

Rikki Malik

Hyundai Motor India: Index Entry Timing for India's Biggest IPO

Hyundai Motor is looking to raise up to INR279bn (US$3.32bn) via an OFS, valuing Hyundai Motor India at US$19bn. No index Fast Entry expected with...

Brian Freitas

Thematic Report : Impact of Rate Cut on Markets

Thematic Report: How Interest Rate Cut Impacts Indian Markets, GDP and FII Flows. FED has decided to cut the interest rate by 50bps and expects...

Nimish Maheshwari

SENSEX Index Rebalance Preview: Trent Could Replace Bajaj Finserv; BUT F&O Adds Could Change That

Trent could replace Bajaj Finserv in the Sensex in December. Inclusion in the F&O list could see Zomato added instead; Trent could also be added....

Brian Freitas

Thematic Report: Charting Key Trends of India's IPO Boom

India's IPO market is thriving in 2024, with record high IPOs and strong investor confidence leading to better returns and opportunities for...

Sudarshan Bhandari

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

As Good as Gold – Take the Money and Run?

​2024 has been a strong year for precious metals and associated equities, with gold up 32% YTD and gold miners up 39%. The question now is whether...

Rikki Malik

Hyundai Motor India: Index Entry Timing for India's Biggest IPO

Hyundai Motor is looking to raise up to INR279bn (US$3.32bn) via an OFS, valuing Hyundai Motor India at US$19bn. No index Fast Entry expected with...

Brian Freitas

Thematic Report : Impact of Rate Cut on Markets

Thematic Report: How Interest Rate Cut Impacts Indian Markets, GDP and FII Flows. FED has decided to cut the interest rate by 50bps and expects...

Nimish Maheshwari

SENSEX Index Rebalance Preview: Trent Could Replace Bajaj Finserv; BUT F&O Adds Could Change That

Trent could replace Bajaj Finserv in the Sensex in December. Inclusion in the F&O list could see Zomato added instead; Trent could also be added....

Brian Freitas

Thematic Report: Charting Key Trends of India's IPO Boom

​India's IPO market is thriving in 2024, with record high IPOs and strong investor confidence leading to better returns and opportunities for...

Sudarshan Bhandari

2024 has been a strong year for precious metals and associated equities, with gold up 32% YTD and gold miners up 39%. The question now is whether...

India's IPO market is thriving in 2024, with record high IPOs and strong investor confidence leading to better returns and opportunities for...