Market Risk Alert ๐จ
India 10Y Bond Yield is nearing 7%.
Crude is above $92.
NIFTY is struggling around 24,000.
Rising yields + rising crude = pressure on inflation, rates and equity valuations.
After quite some time, I applied for a few IPOs, but I didn't get an allotment for any of them.๐คก
Did you get an allotment for any of these?
1. Augmont Enterprises
2. Hy-Tech Engineers
3. Symbiotec Pharmalab
4. Skyways Air Services
Index returns can hide a lot.
While the broader market goes sideways, a handful of quality stocks can quietly create serious wealth.
Thatโs why I donโt want to own "the market."
I want to own the right businesses at the right time.
This is a stock-pickerโs market.