A crisp update on all that’s happened this week – Saturday Coffee with Capitalmind. ☕️ and a very special Holi Offer!
Stocks this week
A snapshot of how stocks in the CNX 500 did while the benchmark indices declined by 2%
Story of the week
But first, “Aap chronology samajhiye”..
March 2020: At the outbreak of the COVID19 pandemic, the RBI said something like: You don’t have to pay EMIs for three months. That was hugely misunderstood and apparently, hugely mis-thought also. And, then came a fancy Italian rooted word – moratorium. We wrote a simple explainer on this – 3 Months of no EMIs, But why you should pay if you can.
November 2020: The Government then issued a clarification on waiving “interest on interest”, which led to people receiving credits in their bank accounts – Is there an ex-gratia amount of money paid to your account? Here’s why.
This week: All these clarifications added more confusion than clarity and then there was also a case in Supreme Court seeking waiver of interest on interest for all the loans. The order for that case was out earlier this week – Ok, Tell them your NPAs, says the Court. Will all hell break loose now?
Search engine that’s Indian
This company started as a voice based local search engine in 1996. Yes, a little before google started! Over a period of time this company expanded to platforms like website, mobile app, text (sms) etc. Currently, the company has a robust pan-India presence of 250+ cities covering 11,000 pin codes.
[Premium]: Just Dial- How India’s first search engine is making a strong comeback
Taxes are taxing!
It was a rather extraordinary year – the world came to standstill, crude futures quoted negative prices, and we witnessed a pandemic after 100 years! But these little things can’t budge an eventuality of life – taxes. So here are some articles to help you avoid some last minute mistakes –
- To take care of the 80C component: The best tax-saving ELSS Fund in 2021?
- Review and understand your capital gains taxes: The Basics of Capital Gains Tax
- Let’s not make the most obvious of mistakes. Check out: Top 5 mistakes when filing Income Tax Returns and How to avoid them
Slaying it on slack [Requires Premium Access]
[Premium] Quick links to some of the most awesome discussions we have on our slack community –
- In this weeks segment of #StockOfTheWeek we are discussing a small cap stock in the healthcare sector. Check out: Kovai Medical Center and Hospital (KMCH). Slack link
- Also, we’re doing a special session on Electric Vehicles as an investment theme on Zoom for Capitalmind Premium members only. Read the announcement on slack
- A member has initiated a discussion on overnight options strategy and we get together to evaluate it. Slack link
- Increasing stock prices in capital markets and increasing cost of capital at bond markets. The twisted tale of Adani stocks. Read a fascinating remark by Deepak Shenoy. Slack link
Links we liked
Here are some of the handpicked links from across the internet that we enjoyed and we think you will too –
- Via New York Times: A fascinating investigative piece about A Tanker and a Maze of Companies: One Way Illicit Oil Reaches North Korea
- Via Bloomberg: An opinionated take on the Indian bond markets – A Vigilante and a Gambler Walk Into a Bond Market
- Via The Indian Express: An interesting read on How did inflation targeting really impact India?
A special offer just for Holi!
Get 21% off on the annual plan. Use code HOLI2021 valid for this long weekend only!
As a Capitalmind Premium subscriber, get immediate access to:
- Model Portfolios: Three Equity and One Fixed Income
- Active Strategies: Chase (Our NIFTY + Futures long-short strategy) & other short-term actionable ideas
- Premium research: Priority access to our research
- Vibrant learning community on Capitalmind slack: Ask questions, share insights with a diverse community of newbie and veteran investors & traders
Join the best platform for active investors in India
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*Valid on the annual plan. Offer ends soon.
Until next week! 🤟
