Interesting

Market Insights
& Themes # 2020
Navigating Covid
times in Market
Overview

It’s The Smart Money !

• Performance of Sensex & Other Lead Indices
•Returns led by a few handful

Opportunities Present
Few Investment Themes Have a Compelling
Story

Offering for clients

Opportunities beckon, product & services
Covid-19 strikes Global Equity Markets

Global
-32%
Indices – Fall from their respective peak

-11%
-14% -13%
-14%
-17% -16%
-20% -20%
-22%
-27%
-28%

South Korea
France
Brazil

India

EM MSCI

China

Russia

Japan

Tiwan
Germany
UK

US
Money chasing selective stocks
Polarization : Sharp Divide – Nifty 35 at 6837 levels, 50% U-PF v/s Nifty -15 since Dec 17
Money chasing selective stocks
Nifty : Nearly 50% of the Nifty constituents are > 40% down from two years highs
Many companies will struggle, few
winners

3/5th of the MOSL Universe is likely to report a PAT decline,

while 23% expected to post > 15% PAT growth
Nifty EBITDA to post 9% YoY decline:
Worst in last decade
Nifty Sector Weight # Changes
Government majorly focused on
introducing structural reforms

Government's willingness toward

structural reforms is commendable,
we believe the fiscal support offered
to economic participants severely hit
by COVID19 could have been better
Valuation: Provides some cushion

Nifty : Trailing P/E

at 4 years low

P/B is at 23%
discount to LPA
Key Investment Themes

TELECOM PHARMA CONSUMPTION AUTO

Bharti Airtel Sun Pharma HUL Maruti
Reliance Lupin Tata Consumer Eicher
Alkem Lab Titan
ITC
Offerings from Desk # Investor

 Market outlook & Strategy

 High conviction ideas
 Winning Stock ideas
 Model portfolio & Updates
High Conviction Ideas
MOSt Multicap Portfolio # Performance

Update # we have
recently exited
Jubilant Food and
United Spirits and
added HUL. We
are now sitting on
15% cash.
Offerings from Desk #Traders

 Market outlook & Strategy

 Trading Ideas – Daily/weekly/monthly
 Expiry Strategies
 Option Writing
 SLBM
Market outlook

Market view for

the month along
with a strategy
Options Strategy
Expiry options Strategy
Trading Ideas
SLB (Securities Lending & Borrowing)
SLB : To get the benefit of almost risk free* arbitrage in Cash to Future
without selling their existing holding position to generate extra income

Report includes
Meaning and Features of SLB
Users & Usage of the Product
Opportunities
Regulations on SLB
Trading, Clearing and Settlement
Recall & Repay Facility
Risk Management
THANK YOU