What really helped me was adding daily reflections to part of my daily routine. While the journey is never easy, AA helps its members to develop healthy coping techniques by providing different meetings and activities to help keep them focused on their journey to better health.
Luckily, Alcoholics Anonymous was an amazing group that gave me the tools to help me break my bad habits and start over. Admitting that I had a problem was the first step, but sometimes it seemed unimaginable and overwhelming to even consider the other steps to follow.
These do not represent the views of The Economic Times)ĭon’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.When I first sought treatment for my alcohol dependency, it felt overwhelming. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. If the business performance were to further improve hereon for these companies, we should have a positive second half too. We are seeing improvement in performance for companies that are heavily skewed to exports as well. Margin outlook, debt levels, and demand prospects seem robust for Indian companies. Markets are now pricing in a Fed rate cut in early 2024, and any postponement would deter market sentiments in H2 CY23. It will be a market, driven by liquidity expectations. How do you expect H2 CY23 to pan out for markets? Pharma, textiles and chemicals are the players we are leaning toward in this space for the long term. If you see, the decadal story, it’s about consumption and manufacturing, and it’s in the small and mid-cap space where we have players poised to benefit. Small and mid-caps will be driving the Indian markets for the foreseeable future. Midcap and smallcap stocks have stolen the show in the last few months? Which segments look attractive from a long-term perspective? We see opportunities in infrastructure and capital goods besides the sectors I discussed earlier. Which sectors are chasing smart money according to you? Where are you seeing opportunities?įinancials, consumer discretionary and capital goods are being bid up by smart money. We have seen this in Q4 results and management guidance is echoing the same. The companies we invest in are either fully integrated or operate at the higher end of the value chain.įor chemicals and pharma companies, margins took a terrible impact last year because of the rise in raw material costs, and now we are seeing wholesale price index degrowth which is very supportive of the margins of these players. The falling cotton prices, improving inventory situation, and de-coupling of Western brands from China are the immediate tailwinds that are manifesting for textiles. We are inclined towards companies doing value addition and having high growth prospects while they are available at very cheap valuations. This isn’t the case just with smallcase, but also on our PMS side. Textiles, Chemicals and Pharma are the main sectors we have exposure to. Which are the sectors your smallcase has major exposure to and could you explain the rationale for the same? It’s not just about companies that are into EVs and renewables, but those that are high on corporate governance and socially inclined – investors are equally prioritising these aspects. Traction has been positive and we are seeing an increase in enquiries for allocation into our ESG fund. Hence, this space is yet to evolve and we will see many small and mid-cap-oriented ESG funds with proprietary and subjective grading systems coming up. And namely, these funds have heavy exposure to mega and large caps where capital appreciation is limited. There’s only a limited number of ESG funds in India compared to other markets.
0 kommentar(er)
