Trump or No Trump, India Success Story Remains Unchanged, Well, Almost

When I take a close look at the third quarter earnings numbers shared by the listed companies, while I find albeit demonetisation has taken some toll on certain sectors, it is still much lesser than what was anticipated or feared. Meanwhile, I do not see long queues outside the ATMs anywhere in the country’s commercial capital and even those queues outside branches of various banks have disappeared. Things are finally easing out and there is a deep sense of comfort everywhere, even in the companies. The too much sharp criticisms from the political outfits in the Opposition on the demonetisation move also have surprisingly fizzled out too fast.

To make things better, the Union Budget has done a perfect balancing act, pleasing the individuals and also India Inc. In fact, the Budget this time helped the markets to find reasons to stay excited. Individual investors are also happy as they are getting good returns on their investments made in the capital market.

We have brought a special report in this edition of your favourite investment fortnightly talking about the third quarter results and how the companies have performed--I am sure you will find this report as a guiding force when it comes to taking wise investment decisions. Meanwhile, things are not going well in the IT sector. 

While the IT companies had faced a jolt immediately after Donald Trump took charge of the White House from Barack Obama and introduced the new visa policies, inner squabbles in India’s most reputed IT company, Infosys have been keeping the mediapersons busy these days. 

The ongoing feud between the mentors and promoters is not welcome and the earlier they patch up, it will make more sense for all the stakeholders. We have brought the cover story package this time pegged around road ahead of India’s IT and pharma companies in Trump era. 

While our research analysts have done a detail job weighing major IT and pharma companies’ advantages and disadvantages following change of guard in the USA, renowned faces of both the sectors and also related experts have opined in this edition of DSIJ. I am sure you will find it a read worth every word. There are also too many things happening in the political circle in our country as five states have been voting to elect new governments. At the time of writing this piece, the second phase of assembly elections took place in these states including Uttar Pradesh. The outcome will be crucial and we will have to wait till mid-March for the same.

Coming back to market talks, I strongly feel while the upward trend has given us opportunities to book profit in certain stocks and feel richer, still there are certain stocks worth picking up at this level too. Our regular features will certainly guide you further to make the right choice. Keep patience and avoid being greedy.

For rest, DSIJ stays with you. March is going to be a crucial month, not only for elections’ results but also the final meeting of the GST Council. We may have the exact dates and rates in reference to GST by end of March. This will also bring in some more sense of cheer on Dalal Street. 

The spring is here, though seems already being overshadowed by the summer as I sense the change in temperature. Take care of your physical health at this time of change of seasons--for financial health, depend on us.

Happy reading, Happy investing.