Whalesbook
Chalo, isko thoda detail mein samjhte hain. March 2026 mein jab market mein thoda tension tha, geopolitical issues aur foreign investors ka paisa nikalna jaari tha, tab fund managers ne bade alag tareeke se apne portfolio banaye. Mirae Asset ne ekdum broad approach chuni aur 54 naye stocks kharid liye. Matlab, unhone kaafi soch samajh kar alag alag jagah invest kiya. Dusri taraf, Nippon India ne ekdum focused approach rakhi, sirf 28 selected companies par hi apna paisa lagaya. Yeh dikhata hai ki dono fund managers ke risk lene ka tarika aur market ko dekhne ka nazariya alag tha.
Par interesting baat yeh hai ki alag strategies hone ke bawajood, dono ek cheez par agree karte dikhe - consumer discretionary aur financial services sectors. Lagta hai inhe domestic demand aur financial companies par kaafi bharosa hai. Mid-cap stocks mein bhi dono ki interest badhi hui thi. Nippon India ne toh PhysicsWallah aur Swiggy jaise mid-caps mein bade stakes liye, jabki Mirae Asset ne Schaeffler India jaise alag alag mid-cap stocks mein invest kiya. Haan, March 2026 mein mid-cap segment thoda pressure mein tha, BSE MIDCAP 150 index bhi gira tha, par FY26 mein kuch mid-caps strong earnings ki wajah se acha perform kar rahe the.
Market mein caution kaafi tha March 2026 mein. Experts keh rahe hain ki corporate profits toh stable the, par IT demand kam hone aur global economic signals se thoda risk tha. Nifty 50 ka P/E ratio April 2026 tak 20.8 tha. Ab stocks ki valuations dekhte hain: Varun Beverages, jo consumer company hai, uska P/E lagbhag 53.59 tha. Adani Ports, infrastructure mein, around 29.57 par tha. Financial firms jaise IndusInd Bank ka P/E negative tha (recent data mein -32.68), jo earnings issues dikha raha hai. Yes Bank ka P/E 17.73 ke aas paas tha, aur Infosys jaise IT giant ka 15.4 se 18.27 tha. Market girne ke baad bhi, mid-caps mein growth ki opportunities hain, bas valuations check karni padti hai.
Ab baat karte hain market ke worries ki. March 2026 ekdum volatile mahina tha, sharp falls aaye, oil prices mein shocks, geopolitical tension aur foreign investors ka outflow ruk nahi raha tha. Yeh sabse turbulent periods mein se ek raha. PSU Bank sector toh lagbhag 20% gir gaya! Realty, Bank, Financial Services, aur Private Bank indices bhi 15% se zyada giren. IndusInd Bank jaise banks ke liye toh low interest coverage ratio, weak sales growth, aur higher provisions jaise concerns abhi bhi hain. Voltas bhi low return on equity ke karan review mein tha. Market sentiment late March 2026 mein kaafi cautious se bearish tha, aur oil prices aur global events se volatility expected thi.
Aage ka outlook bhi late March aur early April 2026 ke liye cautiously hi tha, high oil prices aur geopolitical uncertainties ki wajah se. Domestic demand aur financial sectors toh aache lag rahe the, par market mein dhyan se stock pick karna zaroori tha. Analysts ne warning di thi ki koi bhi recovery kamzor ho sakti hai aur geopolitical situation clear hone par depend karegi. Jo fund managers ne alag alag strategies adopt ki thi, woh dikhata hai ki woh market ke alag alag scenarios ke liye prepare kar rahe hain, growth opportunities aur current risks dono ko balance karte hue.