Why Nirmala Sitharaman should not go for any big-bang changes in Budget

We were already in a secular, long-term bull market much before the elections were announced due to a variety of factors. Uncertainty ahead of the election has been overcome and people are expressing their expectations to the government about what it should do in its forthcoming budget.

Wall Street’s broadening trade pressures index-tracking billions

Such a broadening in the winners’ list has been sought for years by market skeptics lamenting an equity melt-up whose momentum has been generated by a tiny cohort of asset-light firms. But it’s a less obvious blessing in the short term for passively managed investors. They’ve stashed one in every four ETF dollars in just […]