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 equity market has witnessed a noticeable shift in portfolio allocations, both among institutional and retail investors.</li>
<li>The traditional concentration in Nifty50 and top-decile large-cap companies is gradually increasing exposure toward midcap and small-cap stocks.</li>
<li>While this transition increases market depth and breadth, it also introduces new challenges around volatility and liquidity management, especially in sharp corrections.</li>
</ul>


India’s equity market has witnessed a noticeable shift in portfolio allocations, both among institutional and retail investors.
The traditional concentration in Nifty50 and top-decile large-cap companies is gradually increasing exposure toward midcap and small-cap stocks.
While this transition increases market depth and breadth, it also introduces new challenges around volatility and liquidity management, especially in sharp corrections.


Charted Insights: A Structural Shift; The Rise of Midcap and Small-Cap Allocations in India

Equity Derivatives and Volatility Specialist, Clifton Derivatives

John Ley

Equity Derivatives and Volatility Specialist

Clifton Derivatives

Independent derivative and volatility research firm focusing on events/catalysts, earnings, relative value and cross asset volatility strategies.

Quantitative Analysis

<ul>
<li>The SP500 has enjoyed a prolonged period of outperformance against its international peers.</li>
<li>This year’s political shift and new policy actions could challenge long-held investment assumptions.</li>
<li>We examine the SP500’s performance relative to a range of international indexes and assets.</li>
</ul>


The SP500 has enjoyed a prolonged period of outperformance against its international peers.
This year’s political shift and new policy actions could challenge long-held investment assumptions.
We examine the SP500’s performance relative to a range of international indexes and assets.


USA Against ROW: Trends in Global Market Leadership

Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

<ul>
<li>Indian equities have seen a broad-based correction, with the Nifty-50 down ~16% from its peak, driven by weak earnings, heavy FII outflows, and global uncertainty. </li>
<li>However, multiple indicators—from easing valuations and supportive policies to an expected earnings rebound—suggest the correction may be nearing its end. </li>
<li>This blog explores past correction trends and key signals pointing to a potential market reversal in FY26.</li>
</ul>


Indian equities have seen a broad-based correction, with the Nifty-50 down ~16% from its peak, driven by weak earnings, heavy FII outflows, and global uncertainty. 
However, multiple indicators—from easing valuations and supportive policies to an expected earnings rebound—suggest the correction may be nearing its end. 
This blog explores past correction trends and key signals pointing to a potential market reversal in FY26.


Charted Insights: A Deeper Look into Indian Market’s Historical Corrections

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

Index Rebalance

<ul>
<li>The <a href="https://www.smartkarma.com/entities/indusind-bank-ltd" target="_blank" data-smartkarma-citation="entities:1558:1" rel="noopener">Indusind Bank (IIB IN)</a> stock was down 27% yesterday following the announcement of Derivatives Portfolio losses that have wiped out 2.35% of equity.</li>
<li>Foreign investors were big sellers in the last 3 months of 2024. That led to increased foreign room, leading to an index upweight in February and index inclusion in March.</li>
<li>The drop in market cap and free float market cap will see <a href="https://www.smartkarma.com/entities/indusind-bank-ltd" target="_blank" data-smartkarma-citation="entities:1558:1" rel="noopener">Indusind Bank (IIB IN)</a> deleted from the <a href="https://www.smartkarma.com/entities/s-p-bse-sensex-index" target="_blank" data-smartkarma-citation="entities:31494:1" rel="noopener">S&amp;P BSE SENSEX Index</a> in June and the <a href="https://www.smartkarma.com/entities/nifty-index" target="_blank" data-smartkarma-citation="entities:23617:1" rel="noopener">NIFTY Index</a> in September.</li>
</ul>


The Indusind Bank (IIB IN) stock was down 27% yesterday following the announcement of Derivatives Portfolio losses that have wiped out 2.35% of equity.
Foreign investors were big sellers in the last 3 months of 2024. That led to increased foreign room, leading to an index upweight in February and index inclusion in March.
The drop in market cap and free float market cap will see Indusind Bank (IIB IN) deleted from the S&amp;P BSE SENSEX Index in June and the NIFTY Index in September.


IndusInd Bank (IIB IN): Stock Crashes on Derivatives Losses; Index Selling Next

<ul>
<li>We look at the performance of the index rebalance strategy over the year using weekly forecasts. In short, it has been a mixed bag for Asia.</li>
<li>India and China have been among the worst performing markets in the region while Australia and Korea have been among the better performers.</li>
<li>A lot of the outperformance appears to be front loaded, so getting the forecasts right early in the review period is of paramount importance.</li>
</ul>


We look at the performance of the index rebalance strategy over the year using weekly forecasts. In short, it has been a mixed bag for Asia.
India and China have been among the worst performing markets in the region while Australia and Korea have been among the better performers.
A lot of the outperformance appears to be front loaded, so getting the forecasts right early in the review period is of paramount importance.


Index Rebalance Strategy YTD Performance: Not Many Places to Hide in Asia

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)

Charted Insights: A Structural Shift; The Rise of Midcap and Small-Cap Allocations in India

India's equity market is seeing a shift towards midcap and small-cap stocks, increasing market depth but also posing challenges in volatility and...

Sudarshan Bhandari

USA Against ROW: Trends in Global Market Leadership

The SP500's outperformance may face challenges due to political shifts and new policies, prompting a reevaluation of investment assumptions.

John Ley

Charted Insights: A Deeper Look into Indian Market’s Historical Corrections

Indian equities have experienced a significant correction due to weak earnings, FII outflows, and global uncertainty, but indicators suggest a...

Nimish Maheshwari

IndusInd Bank (IIB IN): Stock Crashes on Derivatives Losses; Index Selling Next

IndusInd Bank tanked 27% yesterday as Derivative losses wiped out 2.35% of equity. The stock is a potential Sensex and Nifty deletion in the next 3...

Brian Freitas

Index Rebalance Strategy YTD Performance: Not Many Places to Hide in Asia

A positive start to the year for Asia index rebals has turned negative as the momentum/ value unwind began a few weeks ago. Higher volatility and a...

Brian Freitas

Charted Insights: A Structural Shift; The Rise of Midcap and Small-Cap Allocations in India

​India's equity market is seeing a shift towards midcap and small-cap stocks, increasing market depth but also posing challenges in volatility and...

Sudarshan Bhandari

USA Against ROW: Trends in Global Market Leadership

​The SP500's outperformance may face challenges due to political shifts and new policies, prompting a reevaluation of investment assumptions.

John Ley

Charted Insights: A Deeper Look into Indian Market’s Historical Corrections

​Indian equities have experienced a significant correction due to weak earnings, FII outflows, and global uncertainty, but indicators suggest a...

Nimish Maheshwari

IndusInd Bank (IIB IN): Stock Crashes on Derivatives Losses; Index Selling Next

IndusInd Bank tanked 27% yesterday as Derivative losses wiped out 2.35% of equity. The stock is a potential Sensex and Nifty deletion in the next 3...

Brian Freitas

Index Rebalance Strategy YTD Performance: Not Many Places to Hide in Asia

A positive start to the year for Asia index rebals has turned negative as the momentum/ value unwind began a few weeks ago. Higher volatility and a...

Brian Freitas

India's equity market is seeing a shift towards midcap and small-cap stocks, increasing market depth but also posing challenges in volatility and...

The SP500's outperformance may face challenges due to political shifts and new policies, prompting a reevaluation of investment assumptions.

Indian equities have experienced a significant correction due to weak earnings, FII outflows, and global uncertainty, but indicators suggest a...