Who wrote this article?

CM Team, Capitalmind's research team.

What topics does this article cover?

Saturday Coffee, What we are Reading

What does the "🔆 Saturday Coffee Newsletter" section say?

Market Overview: Top Indices & Asset Classes Letter from Fund Manager: Deepak Shenoy writes Good Reads: 5 good reads on investing & finance Pop Quiz: Answer and win a cool prize!

[Newsletter] Letter from Fund Manager, 5 Good Reads and Market Overview

Nifty 50 inches up and reaches yet another high point. While the street expected to see 20k print on the Index but it wasn't to be. Silver has delivered a staggering 36% over the past year while Gold has also done nicely with 18%.

22 Jul 2023CM Team2 min read

Quick Facts

What is "[Newsletter] Letter from Fund Manager, 5 Good Reads and Market Overview" about?: Nifty 50 inches up and reaches yet another high point. While the street expected to see 20k print on the Index but it wasn't to be. Silver has delivered a staggering 36% over the past year while Gold has also done nicely with 18%.
What category is this article in?: General
Who wrote this article?: CM Team, Capitalmind's research team.
When was this article published?: Published 22 July 2023.
How long does this article take to read?: 2 min read
What topics does this article cover?: Saturday Coffee, What we are Reading
What does the "🔆 Saturday Coffee Newsletter" section say?: Market Overview: Top Indices & Asset Classes Letter from Fund Manager: Deepak Shenoy writes Good Reads: 5 good reads on investing & finance Pop Quiz: Answer and win a cool prize!
What does the "What’s up with markets?" section say?: The Nifty 50 index inches higher and attains a new peak. Despite street expectations of reaching the 20,000 mark on the Index, it didn't materialise. Over the past year, Silver has delivered an astonishing 36% growth, while Gold has also performed admirably, showing an 18% increase.
What does the "Letter from Fund Manager" section say?: Quite regularly Deepak Shenoy, Fund Manager & CEO, writes to Capitalmind PMS Customers about his thoughts on the markets and shares an update on portfolio performance.

Market Overview: Top Indices & Asset Classes
Letter from Fund Manager: Deepak Shenoy writes
Good Reads: 5 good reads on investing & finance
Pop Quiz: Answer and win a cool prize!

What’s up with markets?

The Nifty 50 index inches higher and attains a new peak. Despite street expectations of reaching the 20,000 mark on the Index, it didn’t materialise. Over the past year, Silver has delivered an astonishing 36% growth, while Gold has also performed admirably, showing an 18% increase.

Once again, PSU Bank stocks are at the forefront this week, while IT stocks face the pressure due to Infosys’ subdued guidance. It will be intriguing to see when the IT sector rebounds from this situation.

Letter from Fund Manager

Quite regularly Deepak Shenoy, Fund Manager & CEO, writes to Capitalmind PMS Customers about his thoughts on the markets and shares an update on portfolio performance.

We take out an excerpt from these letters and publish on the website.

Read: Wealth Letter July 2023: It’s raining new highs

What we are reading

Here’s a podcast explaining the different ways investors make money in the market. Listen in: Stock market returns are lumpy. Get used to it - Capitalmind

At the heart of investing is understanding why something is mis-priced. Read: 3 Investing Patterns That You Should Know

Five pieces of career advice, shaped by economics, psychology, and a little bit of existential math. Read: Your Career Is Just One-Eighth of Your Life

Famed investment manager, Howard Marks, believes each investor should have a notion of the right balance. Read: Howards Marks on balancing aggressive and defensive investing – Part 2

Here’s a transcript of a conversation between Warren Buffett, Shawn Carter (Jay-Z), and Steve Forbes where they discuss topics ranging from investing to hip-hop and everything in between. Read: Letter #98: Warren Buffett, Shawn Carter (Jay-Z), and Steve Forbes (2010)

Pop Quiz

Identify the Indian company.

Connect these brands

Hamleys

Steve Madden

Pottery Barn

Jimmy Choo

Burberry

Hint: This company was in news recently regarding buyout of minority shareholders.

Hit reply to this email and answer.

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Last week’s answer: Warren Buffett

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