Indian Markets Monthly Update- September 2017

Monthly Update - August 2017, Economic Survey and RBI Annual Report FY17 - Key Takeaways

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>In the month of October, major Indian Stock Indices BSE Sensex and NSE Nifty improved by 4% and 5% (in USD), respectively. Two key events i.e. a significant improvement in World Bank’s ranking for Ease of Doing Business for India and Government’s announcement of PSU Banks recapitalization led the market rally before it mellowed in the later part of the month due to a surge in crude oil prices. </p><p>Nearly all the sectors gave positive returns with Nifty Bank, IT and Realty outperforming others by…</p>

In the month of October, major Indian Stock Indices BSE Sensex and NSE Nifty improved by 4% and 5% (in USD), respectively. Two key events i.e. a significant improvement in World Bank’s ranking for Ease of Doing Business for India and Government’s announcement of PSU Banks recapitalization led the market rally before it mellowed in the later part of the month due to a surge in crude oil prices. Nearly all the sectors gave positive returns with Nifty Bank, IT and Realty outperforming others by…

Indian Markets- Monthly Update Oct.2017, a Brief Analysis on the 1st Anniversary of Demonetisation