Below is Post Budget Comment By Chirag Mehta, CIO, Quantum AMC
As expected, the budget is heavy on Capex (at 10 lakh crore, increase of 37% from FY23 revised estimates) which is needed to ensure the cyclical recovery continues. Infra (railways 2.4 lakh crore, 50 new airports and clean energy 35,000 crores) along with the Agri push will help the rural economy improve by boosting employment and incomes. Allocation to affordable housing of 79,000 crores, increase of 66%, will also h...
Post Budget Comment : Agri push will help the rural economy improve by boosting employment and incomes Says Chirag Mehta, Quantum AMC
Gold Outlook for November - 2022 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC
Even as international gold prices moved between $1,620 and $1,720 per ounce in October, gold bears outpaced gold bulls, bringing prices down by 2%, and ending the month close to $1,638 per ounce. This rangebound movement was a result of markets digesting elevated inflation prints and pricing in outsized interest rate hikes in developed economies, despite the macroeconomic and geopolitical out...
November 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
Below is the Gold Outlook - April 2022 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager- alternative Investment, Quantum AMC
Buoyed by the uncertainty, risk aversion, and inflation push of the Russia-Ukraine war, gold rallied to $2,050 levels in early March, before cooling down to $1,925 levels by the end of the month thanks to a very hawkish Fed. Higher oil prices and a sharp hawkish repricing of Fed rate hike expectations led to foreign money outflows and depreciated the USD INR...
Gold Outlook – April 2022 by Chirag Mehta & Ghazal Jain, Quantum AMC
