The West Asia war has impacted oil, weakened currencies and spooked markets, with the Sensex crashing 2,345.89 points to hit its day’s low of 76,573.01, while the Nifty 50 tanked 711 points to 23,739.20. Overall, on 9 March, investors lost ₹12 lakh crore, as market capitalization of BSE-listed firms dropped to nearly ₹438 lakh crore…
Deepak Shenoy, the CEO of Capitalmind Mutual Fund, has shared his views on the ongoing tensions involving, the Unites States, Israel, and Iran, weighing in on the potential market and trade implications of the escalating conflict. Tensions between the US and Iran increased on Saturday, with the launch of ‘Operation Epic Fury’. Israel first announced…
Market veteran Deepak Shenoy on Saturday commented on the Trump tariffs and opined that the US duties are now illegal because India has not yet signed a trade deal. In a post on “Trump’s tariffs now illegal, India hasn’t yet signed a deal, and we go back to 10%,” the Capitalmind founder said. His comments…
In a moment that surprised many from India’s finance circles, investor and Capitalmind founder Deepak Shenoy shared a lively video of himself salsa dancing with the Motley Dance Company, offering followers a glimpse into a side of his personality rarely seen outside market commentary and investment discussions. Investor Deepak Shenoy goes viral after sharing salsa…
While Indian IT stocks crashed on Wednesday amid fears that AI tools could disrupt traditional outsourcing models, Deepak Shenoy, CEO of Capitalmind AMC, offered a practical lens to view the situation — how to contain potential IT job losses in the AI era rather than panic over disruption. Instead of viewing AI as a threat…
Ace investor and Chief Executive Officer (CEO) of Capitalmind Asset Management, Deepak Shenoy, said that the new taxation rules for the Sovereign Gold Bonds (SGBs) are negative for the new bond market investors who are looking to buy the asset class from the secondary market. Union Finance Minister Nirmala Sitharaman, in Sunday’s Budget 2026 speech,…
The proposal in the Union Budget 2026-2027 to increase the Securities Transaction Tax (STT) on futures and options (F&O) transactions rattled the Indian stock market investors, triggering a nearly 2% decline in the benchmark indices, Sensex and Nifty 50. In her Budget speech, Finance Minister Nirmala Sitharaman announced a sharp hike in STT – by…
The founder and CEO of Capitalmind, Deepak Shenoy, believes that every fall in the market is an opportunity to buy. However, he remains wary of the highly overvalued FMCG companies. Shenoy believes that a company should grow at 20% on average to command good valuations. Meanwhile, he remains bullish on AI, semiconductor and defense themes…
