Pharma good for next 2-3 years; wait a quarter before entering IT: Abhishek Basumallick

Pharma good for next 2-3 years; wait a quarter before entering IT: Abhishek Basumallick

Abhishek Basumallick, Chief Investment Adviser, Intelsense Capital, says “the problem with IT, especially IT services, is that until and unless there is very clear visibility of growth in the US market, the buyers or the clients do not tend to go and start giving new projects. They have always been cautious in giving out new … Read more

Don’t let the Lindy Effect fool you while picking stocks

Don’t let the Lindy Effect fool you while picking stocks

In the last few years, Lindy Effect has gained a lot of popularity amongst investors. Ever since Nassim Nicholas Taleb wrote about it in his 2012 book “Antifragile: Things That Gain from Disorder”, it has been used in the investing world as a concept that says companies with competitive advantage that have survived for many … Read more

Tweet Buster: How will multicap rule & RIL plans change the game

Tweet Buster: How will multicap rule & RIL plans change the game

NEW DELHI: The domestic equity market has turned listless over the past couple of weeks following an exuberant rally from the March lows. The one-step-forward-and-two-step-back kind of movement might frustrate investors, but it’s a reminder that there is no shortcut to making money. Patience! That’s the broader sense one gets in some of the tweets … Read more