It took 250 pts fall on Nifty for salt to raise this koschan again on GV😂
I am adding quality names to my folio. Added some names on the pvt bank side, for me valuation comfort is most imp. Adding paints businesses as crude reductions will take margins in healthy category. Placed few orders on RIL as Jio ARPUs are expanding, giving boost to bottom line.
Overall, my hypothesis is rate cuts will start happening in June/July time frame and FIIs will return to EMs with fresh liquidity.
Keeping dry powder to add MF NAVs on steep fall days. I’ve some MF investment goals for 2024 and let that compound for some time. An experiment to see if time investment in direct equities is worth it or not. Avoiding falling knives and risky bets as of now.