Whalesbook
Sandeep Tandon, Founder & CIO of Quant Mutual Fund, has become significantly more positive on the Indian market, expecting Nifty and other indices to reach fresh all-time highs by December. Key factors driving his optimism include the peaking USD-INR depreciating cycle, reduced Foreign Institutional Investor (FII) selling, corporate earnings exceeding expectations, potential tax benefits, lower interest rates, and extremely bearish investor sentiment acting as a contrarian indicator. Quant Mutual Fund is 98% invested, focusing on neglected sectors like insurance, NBFCs, pharmaceuticals, and IT.