Indian Union Budget FY19- Focus on Bharat but Not at the Cost of India

India focused Portfolio Advisory - Exp of 40+years, Das Capital Management and Advisors

Arun Thirumalai

India focused Portfolio Advisory - Exp of 40+years

Das Capital Management and Advisors

Das Capital is a research boutique with an aim to continuously map and plan the investment needs of investors focused on India. We have a six member research team with a combined experience of over 40 years as a part of our investment wing. Our team assisted in the setup of Premji Investments, which was one of India’s first family offices focused to managing Mr.Azim Premji personal wealth. We also serve as a research team to two Indian private equity energy funds “Small is Beautiful” and “KSK Emerging India Energy Fund”.

Macroeconomics

<p>Almost all the major world indices saw negative returns in Feb'18. Nifty 50 and Sensex registered a loss of -6.67% and -6.71% in USD terms respectively. All Nifty sectoral indices saw negative returns, with the highest loss was seen by the Nifty PSU bank index at -16.13%. The losses in Feb'18 can be attributed to both local and global factors, on the Indian front the levy of long-term capital gains on equity, overshooting of the fiscal deficit in the recent budget and on<span class="fontstyle0"> the global front rise in</span>…</p>

Almost all the major world indices saw negative returns in Feb'18. Nifty 50 and Sensex registered a loss of -6.67% and -6.71% in USD terms respectively. All Nifty sectoral indices saw negative returns, with the highest loss was seen by the Nifty PSU bank index at -16.13%. The losses in Feb'18 can be attributed to both local and global factors, on the Indian front the levy of long-term capital gains on equity, overshooting of the fiscal deficit in the recent budget and on the global front rise in…

India Monthly Report Feb’18 - Mar’18