The 2013 RBI FCNR(B) Swap Window Background, rupee impact, and a 13-year retrospective (2013–2026) 1. Background: The 2013 Taper Tantrum Crisis In mid-2013, the Indian rupee came under severe pressure as the US Federal Reserve signalled a tapering of its quantitative easing programme - the “taper tantrum.” Capital
After remaining relatively cautious on Indian equities for almost a year, we have finally started increasing allocations toward Indian equity markets. The reason is straightforward: India’s earnings trajectory is beginning to look meaningfully stronger. At present, the Nifty trades at roughly 20x forward earnings. While valuations are not extremely
Given the recent market volatility, we are seeing a increase in standard recovery timelines. While we expect double-digit returns to take a bit longer to materialize for current holdings, this environment actually creates a unique opportunity for your portfolio. Historical data from the Nifty 50 and S&P 500 suggests
At current levels (~74,000), portfolios may not look exciting. But here’s what a recovery to previous highs (~85,700) can do: XIRR jump isn’t small — it’s transformational · 2020 SIP → +2% improvement · 2021 SIP → +3% · 2022 SIP → +4.5% · 2023 SIP → +7% · 2024 SIP → +12% · 2025 SIP
Over the past few weeks, markets have been reacting sharply to a renewed surge in crude oil prices. This is not an unfamiliar setup for India, but the current combination of rising oil, currency pressure, and tightening financial conditions-warrants a disciplined reassessment of expectations. What is changing? At current levels,
Gold & Silver have fallen dramatically from its highs. Don’t analyze the reasons for the fall. It's normal for any fast-growing asset to fall like this. Instead ask …. Can I use this opportunity to increase the allocation to gold & silver? I have personally never liked gold much. But the world
While the overall budget is lacklustre, these are some key points we should know. Real GDP growth is estimated at 7.4% in FY26, moderating to 6.8–7.2% in FY27. What matters to investors in nominal GDP which is expected to be 10%. It would be good if
“Let’s invest all our money in Gold. It will go to 2lacs soon.” This is exactly what a client told me around Diwali. While I am certain gold will see new highs, the journey to 2lac is not going to be easy & smooth. I shall try & share an important
This bull market can be lengthy – Guide to prepare for it. While many investors are setting themselves well to protect capital in case of a fall, what would you do if the market continues to move up? After all bull markets can last longer than you think. Here is the
Why invest in largecap? The returns are poor. This is what a lot of new investors used to think back in 2024. They used to aggressively invest in small and midcap stocks and funds. But the story between Diwali ‘24 and Diwali ‘25 tells you the significance of large caps.
Executive Summary: Silver's Shining Moment Motilal Oswal Financial Services' "Silver 2030 – The Unprecedented Rise" report (Oct 2025) paints a compelling picture: silver is undergoing a structural revaluation. A staggering 70% year-to-date price surge isn't just a blip; it's fueled by robust industrial and investment demand, coupled with a persistent supply
Strong Growth Momentum India's economic growth in Q2FY26 exceeded 7% year-on-year. This robust performance was fueled by a combination of factors, including strong rural demand, increased public spending, and a period of relatively soft inflation. Upgraded Outlook The World Bank has revised its FY26 GDP growth forecast for India upwards,