Souvik Ghosh

#Gold and #Silver are only seen as precious metals for safe harbour or hedges against #inflation However, global central banks are hoarding gold. And silver has big applications in #ElectricVehicles Can they roar? Do keep an eye along with on #Nifty50 / #Sensex #goldrate

@moneyworks4u_fa Hmm, so what we're the recent FinMin discussions all about? Are they considering increasing capital gains taxes further then? 😀😀

Sorry if I am pouring cold water on your enthusiasm but it's highly unlikely that we will get any capital gains tax relief given how precarious govt finances already are. They have cut taxes on income upto 12L, that gave GST rate cut for several items and they have a huge hike in wage bill in form of 8th pay commission already overdue. We are not even talking about the big adverse impact higher oil prices and increase in fertilizer subsidy. If at all they we try to milk wherever they can(ask you MFD). Next 2-3 years is going to be tight for govt unless there is unexpected boom like say 8% GDP growth, etc.

@Panks_Arora It's becoming increasingly a dilemma on whether the cost of studying abroad is worth it.

My friend’s younger brother went to Australia for studies 2 years ago. At that time: Tuition fee: around AUD 35,000 = roughly 19 lakh/year Living expenses: Around AUD 20,000 = roughly 11 lakh/year Total yearly cost back then: Around 30 lakh. Today, because of higher tuition, rent inflation and weaker rupee: Same tuition: AUD 40,000+ = around 23 lakh/year Living expenses: AUD 28,000+ = around 16 lakh/year Total yearly cost today: Close to 40 lakh. That’s an increase of nearly 10 lakh per year in just 2 years. People discuss rupee vs dollar like an economic debate. For middle-class families with children studying abroad, it becomes a life calculation.

@PravinKhetan An easy fix - put LTCG zero on any fresh investments made after say, 1 June 2026. That will dis-incentivise FIIs/others from selling off and instead give the incentive of tax free long term buying in Indian equities.

Now there is a narrative being spread. If we reduce LTGC and STT. FII will exit more. So, FII will exit any how. Let's do nothing to stop them. Guys First STT and LTCG were increased in July 2024. Market stopped growing after that.. Free fall started from 27-sep-2024. Later STT on futures increased 5x effective from 1-April-2026. All liquidity in Derivatives gone. A common trader is paying average 40k as STT on 1 lakh profit. 😐 NIFTY PE is near 20. Which is not overvalued. Anything above 25-26 in a growing market is overvalued. Q4 result of most companies did great. Even in IT sector they gave good result. We seriously have taxation issue. Govt can't ignore it.

I have a slightly different take - if government has not interfered with helping Indigo get a 60% share, why should they interfere now to get the share down? If you opened a business today and did very well and captured 60% of the market through sheer good work and outplaying your competitors, would you be fine if the government suddenly clipped your wings and said that you cannot be allowed to get more share? Capitalism works on merit. So unless there are serious issues which have happened with Indigo gaining more market share, I would say it's better to let capitalism run its course.

One airline controls 60%+ of Indian domestic flying. When IndiGo cuts 10% capacity for summer, that's not a business decision — it's a national mobility issue. We don't let any single company control 60% of telecom or banking. Why are we comfortable with it in aviation? I think the real risk isn't IndiGo failing. It's IndiGo being too important to be allowed to fail. That's a very different problem.

Will RCB win their second title in a row today? They have got GT's in-form openers out (Shubman and Sai Sudarshan) but is the pitch actually two-paced?

@Normal_2610 Yep, CSB Bank, DCB, Federal bank have all upped their game in gold lending.

Bank lending against gold is going up, and is 460,000+ crores! It's up 4x in 2 years now. NBFCs lend probably another 250,000 cr. India's monetizing their gold, slowly. Physical jewellery demand is falling as prices rise, but financial gold demand (ETFs, digital gold, bars/coins) is surging. Indians still want gold exposure, they're just changing how they buy it. If you look at both segments - gold/silver ETFs and gold-linked financial products - the brokers and AMCs sitting in the middle are the clear beneficiaries. Look at the YoY percentage growth. The volumes are there, the AUM growth is there. Nippon AMC is the foremost example of this playing out in real time. Next time, Connect the dot How much 2nd order effect going to happen when yu know look at behavior pattern like this x.com/deepakshenoy/s…

@StreetSensex Nobody is debating export competitiveness. How about the consequent inflation due to higher import prices on weakening rupee/fiscal deficit issues? We cannot support an issue based on a myopic view of just one aspect.

🇮🇳The rupee story everyone is reading wrong! The rupee fell 4.9% against the dollar in three months. Markets call it weakness. The Finance Ministry calls it competitiveness. India's Real Effective Exchange Rate (REER) is now at 92.72 - the lowest in over a decade, well below the benchmark of 100. The rupee has fallen further since (4.9% in 3 months), so the actual May reading is likely lower still. Even more undervalued, even more competitive. Indian goods and services are priced more competitively in real terms than at any point since 2014. Through 2022-24, REER climbed to 108 - meaning the strong rupee was quietly making Indian exports uncompetitive even as the headline economy looked great. The current depreciation is partially correcting that misalignment. The catch: a 1% depreciation can improve the trade balance by 1.45% (Economic Survey 2025-26). But, only if global demand holds. The 2013-14 precedent - when a 10% depreciation didn't help exports because global demand collapsed - is the cautionary tale. The rupee isn't weak. It's been overvalued. Source: Monthly Economic Review, May 2026 (Ministry of Finance)

@WeekendInvestng @BaluGorade Completely agree. Some taxation benefits are the only policy help businesses get from the government to take risk and let go of the comfort of a monthly salary. If even this is taken away, why will anyone bother starting up?

@BaluGorade What kind of crooked comparison is this?? Is the salaried person ready to not get paid for a few months every year? As may happen with a business?? This is apples and oranges Business gets benefits for taking on risk. They too fail.

A business owner buys an Innova worth ₹30 lakh. He pays ₹5 lakh upfront and takes a ₹25 lakh loan. Assuming the vehicle is used for business and he's in the 30% tax bracket: He can claim - > Depreciation on the vehicle - up to ₹6.5 lakh tax saving over time > Loan interest (₹10 lakh interest paid over the loan tenure) - ₹3 lakh tax saving > Insurance, repairs & maintenance - additional tax savings Total tax savings - ₹10 lakh+ The same Innova bought for personal use gets none of these business tax benefits.

I know we spend a lot of time saying business people get undue tax advantages. But we need to probably self-reflect too. Are the salaried class ready to take risks and let go of a steady, consistent, predictable monthly salary? Businessmen and women take risks - they let go of the mental luxury of a steady salary and also create jobs. They make get paid for their products and services after 3 months or maybe 6. I would say we need to start looking at business people differently. They take risks the salaried class is unable to take. Which is why they are rewarded in terms of taxation.

@dmuthuk PV Narasimha Rao was undoubtedly the best prime minister India ever had followed by Vajpayee. He unleashed reforms which ensured Indians had a choice of foreign cars, mobile phones and many things which built the structure of liberalised India.

'Self made' sounds nice. But very difficult in real life. Not that one cannot make it. It is not easy. It is parents income and wealth which influences children's economic future. Few million people in our generation was exception to this rule because of former Prime Minister P V Narasimha Rao. We have done extremely better than our parents. Infact we've literally leap flogged. But now the same old story continues. Not that people are not moving from rags to riches. Probability of upward social mobility has come down significantly.

@MithunSarkari That's 9 times FY 2026 revenue in just 4 years. Amazing confidence of the management.

"We are not Shrinking , we are sharpening " "The 9000 Cr revenue by 2030 is non negotiable" Axiscades Mgmt , Q4 FY26 , concall 🔥

@nifty_ki_call Government has reduced export taxes on fuel as well now. This means Reliance will now get to sell it abroad and in India at higher profits. Motabhai is on a roll..

🚨 BREAKING NEWS in RELIANCE 🚨 After crude oil prices crashed from $108 to $87, and petrol prices in India somehow still found a way to move only in one direction ⬆️, Mr. Ambani has reportedly taken a historic decision. Instead of exporting refined fuel overseas, Reliance will now sell it only in India because the profit margins here are apparently too attractive to ignore. 🔥 Why compete in global markets when you have a customer base that treats every fuel price hike as a festival contribution? 🤝 Crude Down 📉 Petrol Up 📈 Economics has officially entered the multiverse. 🚀 #PetrolPrice #Reliance #CrudeOil #Nifty50

@SECTOR_RES0123 Gold - why not Titan? It has the biggest moat and the most pricing power. Unless you are focusing more on mid and small cap space only.

Stocks I feel worth for studying 👇 EMS - Syrma, Avalon Power T&D - Quality Power, Shilchar, Atlanta, GE Vernova, TD Power, KSH, Vidya Wires, RR Kabel Hospitals - Park Medi, Yatharth Defence & Aerospace - Apollo Microsystems, Astra Microwave, Azad Engineering Recycling - POCL, Gravita Gold - Kalyan Jewellers, PN Gadgil, Sky Gold Pharma - Kwality, Senores, Sakar Healthcare, Viyash Scientific DC Proxies - E2E Networks, Netweb, KRN Heat Exchanger, Aeroflex, STL Tech Others - Timex, GPIL, Raymond Realty Keep adding other names in comments. 👉 Focus on companies with either a MOAT or Demand-Supply Gap. Disclaimer: No recommendation. For educational purposes only.

@Prakashplutus An interesting week is coming up - RBI rate decision, FM to brief on stock market taxation changes (if any), Iran - US war updates if orange man decides to finally relieve the world of his chaos.

Being cautious on MTF/ Excessive -Expensive leverage is not bearish . I know we are desperate to see the market higher . I personally used the leverage around 23rd March 2026 , told everyone on Twitter , many of you took the advantage of that view . Right now , I have zero leverage .

@SahooSouvi71713 @shiladitya4u Will post soon

@SouvikG1982 @shiladitya4u Briefly tell that.

MTAR tech: Continuous dumping by promoters.. Some MTAR fanboys said that these promoters do not run the company, so they are dumping. May be... but they are not stupid, they obviously want to exit at a good price. The stock has gone up like crazy even after promoter selling, so who knows? It's one of the most overvalued stocks in the Indian market due to AI & bloom energy, and might continue to remain like that..

@EquityInsightss Yes, have heard great things about them. Kudos to the management.

A listed company doing this is honestly unbelievable 😅 Management commentary has placeholders like “xx% YoY”, “xx margin”, “order book of xx Cr”. This is not a WhatsApp draft or an internal note. This is an exchange filing. The funny part is that the announcement talks about strong execution, robust order book & long term growth potential. But the actual numbers are still left as “xx”. Big words like AI, cloud, cybersecurity & digital transformation sound great. But first, please fill in the numbers properly 😂

@ArrushAdityadev Yes HDFC Bank has cost investors and the index a lot.

People love HDFC Bank Meanwhile HDFC bank has given return of just 15% in 7 years. 2% CAGR.

Completely agree. Went to Goa recently and the scene has changed in just 2 years. Much less tourists and even the cab drivers and restaurant managers are openly saying that tourism has taken a big hit over the years. Can't blame anyone if a Goa trip nowadays is worth as much as one to Thailand or Sri Lanka.

Tourism in India is fading fast. Foreign tourists are barely coming in anymore, and even places like Goa have started losing their charm to destinations like Thailand. What remains is mostly domestic movement—Indians traveling within the country to places like Char Dham, Ayodhya, Kashi, and Jyotirlinga circuits. Is this really the future of India’s tourism sector?

@KommawarSwapnil STOC regulation will definitely help some companies over others. Interesting sector to track.

India's CCTV market is already worth around ₹25,000 crore 📹 From April 1, 2026, only STQC-certified internet-connected CCTV cameras can be sold in India. The new rule is making it harder for some Chinese brands to operate and could shift market share toward Indian players.

@SandeepMall Yes. Human behaviour drives returns as well for each of us. Controlling our greed and fear is of prime importance.

Human behavior drives every market collapse. Ego and overconfidenc of smart people inside big institutions often cause the worst damage. Our biggest blind spot is our own eyes. We believe what we want to believe. Some rules I follow