Shashi Kant

Student of Mr. Market! GARP Investor!A decade into Equity Research, Multi-disciplinary aficionado. Tweets are neither endorsement nor a recommendation.

[Shankar Sharma @1shankarsharma]

Precisely what I have been saying & writing for the last 6+ months: that India's CAD is going to be under massive stress because of the US ( and UK, Europe Trade Deals) Trade Deal:

the SOLE purpose of the Deal is to reduce our surplus to zero or even a deficit.

It's unmitigated disaster for India and the CAD, INR.

And that's why the INR has been struggling even after oil has crashed.

See my interview in Business Standard last week wrt to the Trade Deal..

And now you have proof.

[Kashish Sharma @kashskskl]

2568 crore, i repeat 2568 CRORE
not on education but THIS

[sandip sabharwal @sandipsabharwal]

Weekend Musings
1. Macros of India improve significantly as Oil and most other commodity prices cool off significantly reducing inflationary pressures
2. Direct Tax collection numbers come in strong at a 15% growth despite Middle East conflict and disruptions
3. Monsoons for June still 40% below average. Key rain months are July and August and remains a risk.
4. Rural Income growth numbers as per recent surveys are very strong at a 17% growth. This could moderate impact of a weak Monsoon
5. Foreign buying of Indian Government Bonds pick up significantly with a ~$4 Billion inflow since tax changes were announced
6. US Fed policy under the new chairperson more hawkish than expected. Leads to a USD rally and selloff in commodities especially Gold and Silver
7. Selloff in Indian IT stocks accelerates after a poor outlook by Accenture. Remains an avoid sector
8. Significant activity pick up in the broader markets and here is where alpha will be generated

Overall Indian #Stockmarket outlook better than what it was still the end of last week.

[Rajendra Ganatra, Ph.D. @rmganatra]

This scrutiny will yield nothing. ARC is a flawed structure in which even nexus can be camouflaged comfortably and cannot be proven. SC's scrutiny will draw blank.

In my article written a year ago, I had covered everything👇

https://t.co/IYPBlOUvEQ

[Amar Govindarajan @amargov]

Every time someone in India loads a website, the DNS query routes to a root server in the US to get resolved. One of the world's largest internet populations has zero root server clusters of its own - and India is now pushing ICANN to change that.

- MeitY wants a root server cluster in India for the first time
- ICANN runs clusters in Singapore, Europe, the US, Egypt and Kenya, none in India

- India could get 18 servers mirroring all 13 root servers that underpin the internet
- In-country servers cut DNS latency and let ISPs contain cyber attacks at the gateway

good move

https://t.co/FaFwcQDXMd

[FinTrekk Capital @fintrekk]

The post-war rally is running into rough macro weather due to multiple headwinds. US-Iran talks have gone off-track, with Brent back above $80/bbl; monsoons are delayed by ~ 3 weeks, with IMD forecasts looking bleak;

[Kiran D @kirandhanwada]

Incredible bull market - but by how much? So much, across so many companies (market cap classification based on today's market cap).

I based the min. value based on the portfolio movement from 31-Mar-26 across my small sample. Most portfolios have moved atleast 30% from Mar-end

[sandip sabharwal @sandipsabharwal]

While the success of EMS companies in Mobile Manufacturing is vastly spoken off the value addition is still very low.

Apple Iphone value addition has steadily moved upto 20% plus but for most other Mobile brands it's hardly 10-12%

A large number of companies just used the PLI benefits of 4-6% while doing low end assembly work.
Government distributed nearly Rs 38000 under the mobile PLI schemes.

Lower taxes or GST benefits or a model that benefits all companies rather than specific choosen ones is a better strategy than distributing taxpayer money as PLI.

[Sekhar @LearningEleven]

The export boom is coming!

Historically, India had trade agreements covering just 11% of the global economy. In the last 6 to 7 months, that figure has surged to 60% of global nominal GDP - Mukul Kochhar (Investec)

[Muthukrishnan Dhandapani @dmuthuk]

This is what Charlie Munger said about Korea.

It’s up to each individual to decide how much time to spend on work, rest, and recreation.

The crux is that when a society collectively decides to change, change definitely happens.

[Subramanian Swamy @Swamy39]

Prime Minister Modi is responsible for disgraceful robbery in Ram Mandir by persons appointed by Modi, to service the need of keeping clean the Temple and ensure Bhagvan Ram’s holy Murti in the Temple is safe. Instead the persons appointed by Modi in truth have let all Bhaktas down by the free loot. They should be prosecuted immediately.

[Prashant Nair @_prashantnair]

Big News !

Kunal Shah is set to become the new boss of WhatsApp as part of Meta’s $900m investment in Cred.

The investment values Cred at $4.5 billion and gives Meta a roughly 20% stake in the company. Kunal will replace Will Cathcart, who led WhatsApp for about 7 years.

[Kunal Bahl @1kunalbahl]

There's an interesting pattern I've noticed.

The problems that get the most attention are usually the most visible ones.

The rest quietly blend into everyday life - until we stop questioning them, stop measuring them, and eventually stop seeing them.

For the last few months, the team at @Snapdeal has been studying one such issue. Medical consultations. Field screenings. Awareness initiatives. Research.

At first glance, unrelated to what we're known for. But the more we looked, the harder it became to ignore.

So instead of asking "Is this our problem?", we started asking "Can we help solve it?"

With each passing day, our conviction has grown stronger: the most impactful opportunities aren't found in creating something new - they're found in refusing to accept something old.

Today, we take the first step.

More soon.

[Sabeer Bhatia @sabeer]

I’m sorry to say this, but the Government in India increasingly resembles institutionalized corruption. It’s tragic that this is happening in the world’s largest democracy. Even more troubling is that many good people seem to have become so accustomed to it that they no longer question it.

[Gaurav Dalmia @gdalmiathinks]

Good piece on India's AI ambitions and the constraints.

[Harsh Gupta Madhusudan @harshmadhusudan]

"Scale: Why India is likely to continue growing faster than expected - Part 4 of 4"

https://t.co/KwQf48awYe

'In this last part, we discuss increasing returns - the great unsayable of economics for half a century. India is most poised to benefit from this.'

Part 1: https://t.co/DdDIiHQyEd
Part 2/3: https://t.co/1FmgInF9Ue

My latest piece.

[Sushant Singh @SushantSin]

The Modi govt will do what the Trump administration allows it to do. Nothing more than that. Sovereign decisionmaking has vanished after 2014.

[Sridhar Vembu @svembu]

IBM CEO Arvind Krishna says the muli-trillion dollar AI data center build out is a bubble.

We are investing in creating capabilities like data curation, reinforcement learning, and most crucially the compiler infrastructure to ensure AI output can be verified but we will not chase the investment bubble.

This is just our normal prudence. To some people that would sound defeatist, but we will talk in 5 years.

[Prabhakar Kudva @prabhakarkudva]

Outperformance is often found at the extremes.

Your watchlist at any point should have stocks with:

1. Strongest Relative strength
2. Weakest Relative strength

This should get you almost 80-90% covered in terms of potential opportunities.

[Antifragile Thinking @unseenvalue]

Do something where failure is likely, but the lesson is valuable enough to change how you see the world. Structure your experiments so that even if you fail, you survive. Avoid bets that can ruin you.

Keep taking small, thoughtful risks. Most will not work, and that is part of the process. But every now and then, something will. When it does, recognise it and scale it with conviction.

Progress often works this way: many small failures, one meaningful success, and the wisdom to tell the difference. Every blockbuster drug is built on thousands of failed attempts. First, survive. Then scale.

This is a mindset worth passing on to younger people.