What's Really Wrong with Hcl Technologies (HCLT IN)?

India On-The-Ground: Global Headwinds + Local Factors = Risk for Domestic Inflows

Monthly Equity Inflows May Fall by 1/3rd from Highs; Primary Market Demand Drops Significantly

India: Domestic Retail Investors Have Been Patient so Far but for How Long?

India: CPI Inflation Eased in Mar'18, but Upside Risks to Inflation Continue to Loom

Asia focused research insights & advisory, Asia Advisors

Vinay Patel

Asia focused research insights & advisory

Asia Advisors

Asia Advisors is an independent financial advisory and research firm working closely with corporates and institutions to provide consulting solutions & research insights. We provide advisory services including capital solutions, business strategy and investment insights.
Firm is headed by Vinay Patel who has close to two decades of experience in research and business development at large, international investment banks such as HSBC and ICICI Securities. Led research efforts in areas of Macroeconomics, Asset Allocation & Investment Strategy for close to a decade in global & domestic research teams. As a business head in Singapore, advised top global investment management firms & Portfolio managers in Asia for India related investments.
Vinay was recently joined by Swapnil Manish, an investment banker and ex-ecommerce entrepreneur with more than 12 years of experience. Swapnil was the TMT banker at BNP Paribas and was part of several large M&A and ECM transactions (Bharti-Zain, Bharti Infratel IPO, Schneider-Zicom among several others). He's also had a stint as an ecommerce entrepreneur having launched & led Mumbai's first online grocery player.

Thematic (Sector/Industry)

<p>Expectedly the retail inflows into equities declined from the highs as markets corrected, especially in the mid and small cap segment. While the large-cap indices have held up well but the midcap indices in India have declined by 20% from the peak and several individual midcap names have declined over 50% from the highs. The activity levels in mutual funds, in terms of buying and selling, have reduced from the highs seen in 2HCY17. <strong>However, it has been the lump sum or the discretionary flows</strong>…</p>

Expectedly the retail inflows into equities declined from the highs as markets corrected, especially in the mid and small cap segment. While the large-cap indices have held up well but the midcap indices in India have declined by 20% from the peak and several individual midcap names have declined over 50% from the highs. The activity levels in mutual funds, in terms of buying and selling, have reduced from the highs seen in 2HCY17. However, it has been the lump sum or the discretionary flows…

SIPs Support Retail Inflows into Equity Markets Even as Other Inflows Fall Sharply