India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India Equity Analyst - Fundamental & Thematic

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Thematic (Sector/Industry)

<ul>
<li>India's thriving trade relationship with the US has come under scrutiny following the announcement of the Reciprocal Tariff Plan by the US administration.</li>
<li>As the world's largest economy considers levelling tariff imbalances with trade partners, India — despite enjoying a trade surplus — faces only moderate risk. </li>
<li>Here's a detailed look into the numbers, categories, and sectors that matter</li>
</ul>


India's thriving trade relationship with the US has come under scrutiny following the announcement of the Reciprocal Tariff Plan by the US administration.
As the world's largest economy considers levelling tariff imbalances with trade partners, India — despite enjoying a trade surplus — faces only moderate risk. 
Here's a detailed look into the numbers, categories, and sectors that matter


Thematic Report : India–US Trade; Assessing the Impact of Reciprocal Tariffs on Indian Exports

Derivatives and Quantitative Strategist

Gaudenz Schneider

Macroeconomics

<ul>
<li>The Reserve Bank of India (RBI) is set to announce a monetary policy decision on Wednesday 9 April 2025. </li>
<li>
Market Expectations: The market anticipates a 25-basis-point rate cut, supported by a strong consensus. However, the RBI has surprised markets in 28% of its rate decisions over the past decade.</li>
<li>
Index Sensitivity to Rate Decisions: Historical data shows the <a href="https://www.smartkarma.com/entities/nse-nifty-bank-index" target="_blank" data-smartkarma-citation="entities:26811:1" rel="noopener">NSE Nifty Bank Index </a>reacts more significantly to RBI announcements than the <a href="https://www.smartkarma.com/entities/nifty-index" target="_blank" data-smartkarma-citation="entities:23617:1" rel="noopener">NIFTY 50 Index</a>.</li>
</ul>


The Reserve Bank of India (RBI) is set to announce a monetary policy decision on Wednesday 9 April 2025. 

Market Expectations: The market anticipates a 25-basis-point rate cut, supported by a strong consensus. However, the RBI has surprised markets in 28% of its rate decisions over the past decade.

Index Sensitivity to Rate Decisions: Historical data shows the NSE Nifty Bank Index reacts more significantly to RBI announcements than the NIFTY 50 Index.


RBI Rate Decision: Impact on Nifty 50 and NSE Banks, Insights and Strategies

Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Event-Driven

<ul>
<li>The largest ETF inflows in the region have been in Taiwan as investors rush into indices that have higher dividend yields.</li>
<li>China had large inflows last year as markets floundered. With markets trading in a range over the last 6 months, those flows have reversed in Q1 this year.</li>
<li>Australia has seen net inflows this year, while there have been net outflows from Hong Kong, India and Japan focused ETFs.</li>
</ul>


The largest ETF inflows in the region have been in Taiwan as investors rush into indices that have higher dividend yields.
China had large inflows last year as markets floundered. With markets trading in a range over the last 6 months, those flows have reversed in Q1 this year.
Australia has seen net inflows this year, while there have been net outflows from Hong Kong, India and Japan focused ETFs.


ETF Flows in Q1: Inflows for Taiwan, Outflows for China

Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

<ul>
<li>Retail investor activity and demat additions slowed sharply in early 2025, with new account openings falling to a multi-year low of 2.3Mn in February.</li>
<li>This signals a broader sentiment reset after a 5-month market correction and FPI outflows, impacting brokers, depositories like CDSL, and exchange volumes.</li>
<li>The euphoria phase is cooling, but the long-term equity culture remains intact. Investors should expect near-term consolidation, with stronger players gaining share.</li>
</ul>


Retail investor activity and demat additions slowed sharply in early 2025, with new account openings falling to a multi-year low of 2.3Mn in February.
This signals a broader sentiment reset after a 5-month market correction and FPI outflows, impacting brokers, depositories like CDSL, and exchange volumes.
The euphoria phase is cooling, but the long-term equity culture remains intact. Investors should expect near-term consolidation, with stronger players gaining share.


India’s Capital Markets in Early 2025: Retail Activity Cools Amid Shifting Currents

<ul>
<li>
Australia: RBA rate decision on 1 April. Expect no change.
</li>
<li>
Japan: Nikkei 225 rebalancing effective 31 March at the close.</li>
<li>
US reciprocal tariffs will keep everyone on their toes on 2 April.</li>
</ul>



Australia: RBA rate decision on 1 April. Expect no change.


Japan: Nikkei 225 rebalancing effective 31 March at the close.

US reciprocal tariffs will keep everyone on their toes on 2 April.


Market Movers: Key Dates at a Glance (31 March- 6 April)

India

The NIFTY 50 index is National Stock Exchange of India's benchmark stock market index for Indian equity market. Nifty is owned and managed by India Index Services and Products (IISL), which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited.

NIFTY Index (NIFTY INDEX)

Thematic Report : India–US Trade; Assessing the Impact of Reciprocal Tariffs on Indian Exports

India's trade relationship with the US faces scrutiny with the Reciprocal Tariff Plan, but India's moderate risk due to trade surplus is analyzed...

Sudarshan Bhandari

RBI Rate Decision: Impact on Nifty 50 and NSE Banks, Insights and Strategies

The RBI is expected to announce a rate cut, but historical data shows markets can be surprised by their decisions. Nifty Bank Index reacts more...

Gaudenz Schneider

ETF Flows in Q1: Inflows for Taiwan, Outflows for China

Taiwan has taken in the largest inflows in Q1 while the largest outflows are in China. The switch from EEM to IEMG continues. Redemptions from EMXC...

Brian Freitas

India’s Capital Markets in Early 2025: Retail Activity Cools Amid Shifting Currents

Retail investor activity in early 2025 slows sharply, with new demat account openings hitting a multi-year low of 2.3Mn in Feb, signaling a...

Nimish Maheshwari

Market Movers: Key Dates at a Glance (31 March- 6 April)

RBA expected to keep rates steady, Nikkei 225 rebalancing in Japan, India shifting its option expiration day, Exchange Holidays in India and...

Gaudenz Schneider

Thematic Report : India–US Trade; Assessing the Impact of Reciprocal Tariffs on Indian Exports

​India's trade relationship with the US faces scrutiny with the Reciprocal Tariff Plan, but India's moderate risk due to trade surplus is analyzed...

Sudarshan Bhandari

RBI Rate Decision: Impact on Nifty 50 and NSE Banks, Insights and Strategies

​The RBI is expected to announce a rate cut, but historical data shows markets can be surprised by their decisions. Nifty Bank Index reacts more...

Gaudenz Schneider

ETF Flows in Q1: Inflows for Taiwan, Outflows for China

Taiwan has taken in the largest inflows in Q1 while the largest outflows are in China. The switch from EEM to IEMG continues. Redemptions from EMXC...

Brian Freitas

India’s Capital Markets in Early 2025: Retail Activity Cools Amid Shifting Currents

​Retail investor activity in early 2025 slows sharply, with new demat account openings hitting a multi-year low of 2.3Mn in Feb, signaling a...

Nimish Maheshwari

Market Movers: Key Dates at a Glance (31 March- 6 April)

​RBA expected to keep rates steady, Nikkei 225 rebalancing in Japan, India shifting its option expiration day, Exchange Holidays in India and...

Gaudenz Schneider

India's trade relationship with the US faces scrutiny with the Reciprocal Tariff Plan, but India's moderate risk due to trade surplus is analyzed...

The RBI is expected to announce a rate cut, but historical data shows markets can be surprised by their decisions. Nifty Bank Index reacts more...

Retail investor activity in early 2025 slows sharply, with new demat account openings hitting a multi-year low of 2.3Mn in Feb, signaling a...

RBA expected to keep rates steady, Nikkei 225 rebalancing in Japan, India shifting its option expiration day, Exchange Holidays in India and...