Shweta Punj

“Amazon (AMZN.O) will begin trials for quick commerce operations in India that would see the U.S. e-commerce giant deliver grocery items in 15 minutes or less, it said on Tuesday.” “Quick commerce is catching up in India, with companies like Zomato's (ZOMT.NS) Blinkit and SoftBank-backed Swiggy's (SWIG.NS) Instamart promising deliveries of goods from groceries to electronics as quickly as 10 minutes, challenging e-commerce giants.” “India's quick commerce industry is expected to cross $6 billion in annual sales this year from just $100 million in 2020, according to research firm Datum Intelligence.” “Earlier this year, Amazon's larger domestic rival, the Walmart-backed Flipkart piloted its own quick commerce service in select Indian cities, promising delivery of groceries in 10 minutes.” - Haripriya Suresh, Nandan Mandayam

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Three reasons why Trump most likely going to win in November even if polls say otherwise : It may seem odd for an Indian sitting in halfway across the globe to predict for US elections, but as a close follower of US politics this outcome seems pretty clear from my vantage :- 1. Follow the money : Both betting market and Financial markets pricing a trump win. According to the Election Betting Odds tracker, which consolidates betting numbers from five major markets—bookmakers now give Trump a 53.2% chance of winning in November, compared to Harris’ 45.8%. Similarly, Financial markets yet to factor Harris policy impact of higher Taxes in earnings forecasts, indicating Trump win as the base case. On any day I would trust where people are putting their money vs what they are saying to the pollsters 2. Immigration and cost of living crisis is real for majority of Americans, and Biden/Harris administration has lost the battle of perception even if the reality could be more nuanced 3. The six battleground states which decides US presidency is extremely tight as per the polls, and polls has a much higher chance of underestimating a Trump win than Harris' In my next post I will explain why a Trump win may not be such a bad thing for the world in general and India in particular, while I am sure many people would dread such a possibility including me #USElections #Trumpwin

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You should never try to represent data with large variances with a single number or a range as this can be very misleading. For eg look at the SEBI disclaimer which that profitable traders incur upto 15 to 50% in transaction costs. But look at the screen shot below of a profitable Q1 FY25. Do you notice it? To create futures positions that allowed me to book gains of ₹52.5L & carry forward notational gains of ₹16.5L ie ₹69L approx for the Quarter, I incurred a total cost of less than ₹20K (highlighted in red) which is less than 0.3% of the total profits. I got sick of the high costs associated with trading and created a trading system with cost minimization as the dominant objective. In order reduce costs I had to reduce the frequency of trading in a single security. To reduce the frequency I had to widen the sl. As the sl widened the trade qty dropped to keep risk constant. Reduced qty meant lowered earnings so to address that I had to create a system which could simultaneously be deployed in the entire market. This meant that I widened the watch list & increased the rate of completion of a trade cycle. You know the efforts involved in changing everything? I understood that the exchange is going to kill the retail #traders who don't check their trades frequently enough to realize how much they are bleeding. The long trader will lose money in premiums & get crushed if the stock issues a dividend & has just a month or 2 to get results from the created positions, which in turn will see so many events such as the national elections, budget. Company quarterly results, the US elections, Geo political tensions, rbi policy meets etc. Your positions will be open through all of them & the only thing protecting you is the stop loss you believe ideally will not trigger. Yet if somehow one makes it one pays a third of it with no std deductions & no support system. Sebi believes trading is not productive economic activity. Since when did sebi become an expert in economics? How can we pay so much in tax & it is not being used productively in the #economy? Anyways my point is that the sebi disclaimer is inaccurate & fails to give the desired information. I will give it to you instead. If a trader has expenses of 35 to 50% of profits they are #scalping ie using 15 min chart or lower to establish trend. If expense 15-35% they are #day trading using 1hr or 30 min charts for trend assessment. If 1-15% they are #Swing trading ie using daily & if less than 1% they are #positional trading using the weekly. Your trading expenses talks about the choices you made in your trading. I recommend that if you are in your early stages of profitability then begin to look at your costs. If you have been profitable in #FnO for 3 years your career is going to take off so best keep an eye out the changes exchanges make & adjust your time frame accordingly. Current the exchange is killing scalpers & day trades so be flexible.

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📉 Dmart Shares Crash 8%: Quick Commerce is Changing the Retail Game! Today, Avenue Supermarts, the operator of DMart, saw its shares drop by 8%, marking a significant moment in the evolving retail landscape. The company’s Q2 results showed slower revenue growth and missed profit estimates, highlighting how quick commerce is reshaping the way we shop. 🚀 The Quick Commerce Revolution: The convenience of ordering groceries online and having them delivered in under 30 minutes has completely transformed how people live and shop. It’s not just about convenience anymore—it’s about adapting to a fast-paced lifestyle. Consumers now value time more than ever, choosing instant solutions over traditional store visits. 🛒 From last-minute meals to everyday essentials, quick commerce is giving people back their time, while putting pressure on traditional retailers like DMart to innovate. High employee costs and the rise of these new delivery models are forcing a rethink of what it means to stay competitive. Are we witnessing the future of grocery shopping unfold? P.S: DMart has it's goldmine called Dmart ready. #QuickCommerce #RetailRevolution #DMart #ConsumerTrends #FutureOfShopping #BusinessTransformation

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💼 Beware of Lifestyle Creep: A Silent Financial Pitfall (Especially for NRIs) 💼 Yesterday, I had an insightful discussion with my friend Manpreet Singh about how earning in currencies like USD, Pounds, AED etc can create a false sense of financial abundance when we convert our salaries to INR. As we advance in our careers and start earning more, it's easy to fall into the trap of lifestyle creep. 🔍 What is Lifestyle Creep? Lifestyle creep occurs when our spending increases as our income rises, leading to higher living expenses without necessarily improving our quality of life. It can manifest in various ways: 1. Upgraded Living Standards: Moving to a more expensive home, dining out more frequently, or buying luxury items we once considered unnecessary. 🏡🍽️ 2. Travel and Entertainment: Splurging on lavish vacations or frequent weekend getaways. ✈️🎉 3. Gadgets and Gizmos: Constantly upgrading to the latest tech gadgets and devices. 📱💻 🔑 Strategies to Combat Lifestyle Creep 1. Budget Wisely: Keep track of your expenses and stick to a budget, regardless of income increases. 2. Prioritize Savings: Automatically transfer a portion of your income to savings or investment accounts before spending. 3. Value Experiences Over Things: Focus on meaningful experiences rather than material possessions. 4. Stay Grounded: Remember your long-term financial goals and the reasons you set them. By being mindful of lifestyle creep, we can ensure that our increased earnings lead to greater financial security and not just higher expenses. 🌟 Let's stay vigilant and make informed financial choices for a prosperous future! 🌟 #LifestyleCreep #FinancialHealth #Budgeting #Savings #PersonalFinance #MindfulSpending #FinancialGoals #CareerGrowth

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India’s Debut in JPMorganChase: A Game-Changer for the Economy 🚀 On June 28, 2024,J.P. Morgan made a historic move by including Indian Government Bonds (IGBs) in its prestigious GBI-EM index. Initially, IGBs have a 1% weight in the index, which will gradually increase to 10% over the next 10 months. Only IGBs issued by the Reserve Bank of India (RBI) under the Fully Accessible Route (FAR) are included.All FAR IGBs maturing after December 31, 2026 will be eligible and minimum outstanding amount is beyond Rs 1 lakh crores. 📈 Impact & Figures: Foreign Inflows: Brace for a substantial influx of capital. Experts predict $21 billion (₹1.7 trillion) investments by March 31, 2025. Yield Compression: The inclusion is already causing ripples. Expect over 50 basis points yield reduction due to increased demand and market confidence. Strong Rupee: Buckle up for currency dynamics. As foreign investors flock to IGBs, the rupee may strengthen against major currencies. More Inclusions: JPMorgan’s move sets a precedent. Bloomberg Starting January 2025, Bloomberg Index Services Ltd. will incorporate Indian bonds into its Bloomberg EM Local Currency Government indices and FTSE Russell, An LSEG Business, An LSEG Business is likely to follow suit, further boosting India’s prominence in global bond markets. 🌐 Why It Matters: Deepens India’s Debt Markets: Inclusion in a major benchmark index enhances liquidity and investor confidence. Cost of Capital Reduction: For private investments, this means cheaper access to funds, potentially fueling the capex cycle. Economic Signaling: JPMorgan’s nod signals faith in India’s economic reforms and fiscal stability. #JPMorgan #Investing, #Bonds, #finance #IndianBonds #EconomicGrowth #bondmarkets

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Day 25 of 120: Friday’s should be fun! Hey everyone! Here is a quick update on Day 25 of my 120-day journey prepping for the CFA Level 2 and FRM Part 1 exams scheduled in August. In FRM just completed with stationary time series. In CFA completed Residual Income Valuation & will move on to Private company valutaion tomorrow. That's it for now! Stay tuned for more updates every other day as we continue this journey together! #CFA #FRM #InvestmentBanking

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Dunzo, a hyper delivery solution provider, has seen significant growth since its establishment in 2014, inspired by Uber, at a time when food delivery was a novel concept. From 150 orders a month, Dunzo has scaled up to 20 million orders, boasting a customer base of 51 Lacs. Financially, the company turned positive in 2021, reducing losses as it expanded its services to Dunzo Daily Business. While venturing into new territories and raising fresh capital, Dunzo faced challenges, including the need for dark stores with substantial investments in stocks and infrastructure. Competing with giants like Big Basket, Instamart, Zepto, and Blinkit, Dunzo found itself burning cash 15 times higher than its revenue, resulting in monthly losses of 100 crore rupees. Facing obstacles such as delayed salaries, investor exits, and the closure of e-commerce operations, Dunzo contemplates reverting to its exclusive hyper delivery model. The critical factors for Dunzo's future strategy revolve around preserving its Unique Value Proposition, ensuring adequate funding for expansions, and forging strategic partnerships that align with its goals, similar to the choices between Swiggy and Instamart. Balancing these elements will be crucial for Dunzo to navigate the competitive market successfully. Add your thoughts please

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Swiggy vs. Zomato: A Battle of Titans in India’s Food and Delivery Market! Let’s deep dive into important numbers: 📈 𝐌𝐚𝐫𝐤𝐞𝐭 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧: • Swiggy IPO: $11.3B (₹390/share) • Zomato: $13B (₹1.07 lakh cr) at IPO (July 2021)➡️$27B (₹2.25 lakh cr) now🔥 While both giants have diversified revenue streams—from food delivery to quick commerce and even going-out platforms—some key insights are emerging: 🚀 𝐆𝐫𝐨𝐬𝐬 𝐎𝐫𝐝𝐞𝐫 𝐕𝐚𝐥𝐮𝐞 (𝐆𝐎𝐕) 𝐘𝐨𝐘 𝐆𝐫𝐨𝐰𝐭𝐡 (𝐐𝟏 𝐅𝐘𝟐𝟓 𝐯𝐬. 𝐐𝟏 𝐅𝐘𝟐𝟒): • Zomato Food Delivery: ₹9,264 crore (+27%) • Swiggy Food Delivery: ₹6,808 crore (+14%) • Quick Commerce: Zomato’s Blinkit ₹4,923 crore (+130%) vs. Swiggy’s Instamart ₹2,724 crore (+56%) 💰 𝐀𝐝𝐣𝐮𝐬𝐭𝐞𝐝 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐘𝐨𝐘 𝐆𝐫𝐨𝐰𝐭𝐡 𝐛𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 (𝐐𝟏 𝐅𝐘𝟐𝟓 𝐯𝐬. 𝐐𝟏 𝐅𝐘𝟐𝟒): 1. Food Delivery • Zomato: ₹2,256 crore (+30%) • Swiggy: ₹1,729 crore (+19%) 2. Quick Commerce • Zomato (Blinkit): ₹942 crore (+145%) • Swiggy (Instamart): ₹403 crore (+90%) 3. Supply Chain & Distribution • Hyperpure by Zomato: ₹1,212 crore (+96%) • Swiggy: ₹1,268 crore (+34%) 4. Going Out • Zomato: ₹95 crore (+126%) • Swiggy Dineout: ₹47 crore (+50%) 📈 𝐀𝐝𝐣𝐮𝐬𝐭𝐞𝐝 𝐄𝐁𝐈𝐓𝐃𝐀 𝐘𝐨𝐘 𝐆𝐫𝐨𝐰𝐭𝐡 𝐛𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 (𝐐𝟏 𝐅𝐘𝟐𝟓 𝐯𝐬. 𝐐𝟏 𝐅𝐘𝟐𝟒): 1. Food Delivery • Zomato: ₹313 crore (+73%) • Swiggy: ₹58 crore (from -₹43 crore, +234%) 2. Quick Commerce • Zomato (Blinkit): -₹3 crore (from -₹133 crore, +98%) • Swiggy (Instamart): -₹318 crore (stable from -₹312 crore) 3. Supply Chain & Distribution • Hyperpure by Zomato: -₹22 crore (+37%) • Swiggy: -₹58 crore (from -₹43 crore, -36%) 4. Going Out • Zomato: ₹10 crore (+233%) • Swiggy Dineout: -₹13 crore (from -₹49 crore, +73%) 💳Despite Zomato leading in overall growth metrics, Swiggy has made significant strides in adjusted EBITDA within its food delivery segment, achieving 234% YoY growth, compared to Zomato’s 73%. Swiggy is still in the red overall (-₹𝟑𝟒𝟕 𝐜𝐫𝐨𝐫𝐞), but this efficiency-focused growth shows resilience. Zomato is currently quoted at Rs. 255/share (seems cheap in terms of valuation in comparison to Swiggy IPO band Rs. 390/share) As Swiggy is listing next week, its innovative platform innovations and efficiencies will be key differentiators to watch👀 *Analysis in PDF attached is derived by me from Zomato’s Q1’25 KPI Data Book and Swiggy’s RHP. Follow me (Ayush Garg) for more such content. LinkedIn LinkedIn Guide to Creating #swiggy #swiggyipo

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Perspective is worth 100 IQ points When I was handling DMart as a customer for my previous company, I was often surprised why the pricing promise has a minimum 5%/7% off (compared to any retailer in the vicinity or online platforms). A friend explained to me that assuming an average cart size of 3K-4K, savings come out to be ~Rs 200 which is generally enough to cover up auto fare for a catchment area of 5km, aptly serving target consumers of DMart. Suddenly, the world started making a little more sense. For quick commerce, our perspective is it is a modern trade store with a digital storefront, so basic principles of limited assortment, visibility at hotspots and cross-sell/upsell applies (top KW visibility, category banner akin to category dressing, last-minute add-ons with adjacent categories etc). We have stuck to this perspective and have reaped rich dividends. Also, Qcomm consumers are more aware about digital-first brands and price discount of even Rs 30-50 is usually enough to drive conversions from main brands if products are similarly rated and placed correctly (inbuilt free delivery coupon, anyone?). To top it all, a superstar Modern Trade veteran to handle qcomm, Neha Thakur . What are your perspectives that have helped you drive business better than competition? #qcomm #sales #ecommerce

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🍀📈🚀Buy Stock at your pre-decided Buying Price! A GTT (Good Till Triggered) order in Zerodha is a feature that allows you to set up conditional orders that stay active until a specific price condition is met. Here’s how it works: 💰Triggering the Order: You set a trigger price, which can be a buy or sell price. The GTT order stays inactive until the instrument's market price reaches your trigger price. 💰Placing the Order: Once the market price touches your trigger price, a limit order is automatically placed at the exchange. This limit price is another value you specified beforehand. 💰Order Execution: The limit order gets executed only if there are sufficient funds in your account (for buying) or enough shares in your demat (for selling) to fulfill the order. Key Points to Remember About GTT Orders in Zerodha: ‼️Validity: GTT orders are valid for up to one year from the placement date. After that, they expire automatically. ‼️Order Type: GTT only works with limit orders, not market orders. ‼️Triggering Time: GTT orders can be placed 24/7, but they can only be triggered and executed during market hours. #zerodha #zerodhagyan #stockmarket #trading #investing #gtt #goodtilltriggered #limitorders #automatedtrading #technicalanalysis

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🍀📈🚀Buy Stock at your pre-decided Buying Price! A GTT (Good Till Triggered) order in Zerodha is a feature that allows you to set up conditional orders that stay active until a specific price condition is met. Here’s how it works: 💰Triggering the Order: You set a trigger price, which can be a buy or sell price. The GTT order stays inactive until the instrument's market price reaches your trigger price. 💰Placing the Order: Once the market price touches your trigger price, a limit order is automatically placed at the exchange. This limit price is another value you specified beforehand. 💰Order Execution: The limit order gets executed only if sufficient funds are in your account (for buying) or enough shares in your demat (for selling) to fulfill the order. Key Points to Remember About GTT Orders in Zerodha: ‼️Validity: GTT orders are valid for up to one year from the placement date. After that, they expire automatically. ‼️Order Type: GTT only works with limit orders, not market orders. ‼️Triggering Time: GTT orders can be placed 24/7, but they can only be triggered and executed during market hours. #zerodha #zerodhagyan #stockmarket #trading #investing #gtt #goodtilltriggered #limitorders #automatedtrading #technicalanalysis📊📈📉

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Inside Stories of Tax Budget 2024 📜✨ 1.💡 Learn, Unlearn, and Re-learn: Major Overhaul of the Income-tax Act in the Next 6 Months! 📜✨ 2.🍏 Apple / Mange People aka HNIs: High-end luxury goods (list to be notified) will attract TCS starting January 1, 2025. The Big Fat Wedding of July 2024 is over! Unlisted bonds, MLDs, and Debt Mutual Funds to be taxed at slab rate (No more long-term/short-term distinctions). 3.🏡💼 AirBnB Tax Alert: Rental income can no longer be declared under business income head due to misuse by some taxpayers. 4.🌐📉 Google Tax aka Equilisation Levy: The 2% levy will be removed effective from October 1, 2024, aligning with the Income-tax overhaul and shifting towards the BEPS Pillars approach. 5. 📈🏠 Passive Income Updates: No more indexation on the sale of houses/flats/other assets (except properties pre-2001, as clarified by the FM team). Holding period now set to 12 months for all listed securities/units and 24 months for other assets. Long-term capital gains tax rate for listed securities increased from 10% to 12.5%, unlisted shares / property rate reduced from 20 to 12.5%. 6. 💼🚫 No more Corporate love: Exemption for gifts of capital assets by Corporates now removed [47(iii)]. 7. 🚀💸 Startup Tax Relief: The Angel Tax on startup fundings in excess of FMV now abolished, though it’s not retrospective for current tax disputes. 8. ♟️📊 Checkmate on F&O: With high-volume transactions in F&O by diverse traders, the transaction tax on Futures (STT on futures now 0.0125% from 0.02%) & Options has increased (STT on Options now 0.1% from 0.0625% at option premium). 9. 🏠🤝 Hum Saath Saath Hai (Joint Property Purchase Clampdown): No more buying properties in joint names to avoid TDS by keeping individual amounts below ₹50 lakhs. 10.👀📈 Taxman’s Eagle Eye: Any sale of equity shares through IPO where acquisition cost was indeterminable will now attract capital gains tax [55 2(ac)]. 11.🔄📉 Buyback Tax aka Dividend Income: Buyback tax abolished for companies; now taxed as dividend income in shareholders' hands. Past acquisition costs leading to capital losses will be adjusted from future capital gains. 12.🛡️ Vivad & Vishwas: New 2024 tax amnesty scheme to be notified for past income-tax litigations settlement. 13. 👨‍👩‍👧‍👦💵 Aam Aadmi Relief: Minor tweaks in income-tax slabs below ₹12 lakhs; Standard deduction increased from ₹50,000 to ₹75,000. PS: One aspect that needs pondering - Do we really need annual tax amendments/Budget or should this be a 5-year exercise to provide stability and ease of doing business for taxpayers, Corporates, Professionals, and lastly, Our Aam Aadmi (Middle Class)? KonProz Shiladitya Dash Paridhi Agarwal, Neha Khandelwal, ankita gautam gautam Jhumar Prajapat #Budget2024 #IncomeTax #EquilisationLevy #PassiveIncome #CapitalGains #CorporateTax #StartupTax #FuturesAndOptions #Taxman #TaxUpdates #Finance #Economy #TaxAmnesty #konproz

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⏳ Blue-Chip Stocks: Back to Where They Were Years Ago ⏳ Some of India's most trusted blue-chip stocks have unexpectedly gone back in time, delivering zero returns over the past three years. Investors are left with a sense of déjà vu as these stocks trade at prices seen years ago, despite being known for steady growth. Here’s a look at where they stand, from furthest back to recent: 📅 IndusInd Bank: May 2016 📅 HUL: Apr 2020 📅 Kotak Bank: Feb 2020 📅 Asian Paints: Dec 2020 📅 HDFC Life: Nov 2020 📅 HDFC Bank: Feb 2021 📅 Bajaj Finance: Aug 2021 📅 Bajaj Finserv: Sep 2021 📅 TCS: Sep 2021 📅 Wipro: July 2021 📅 Reliance Industries: Oct 2021 📅 Tech Mahindra: Dec 2021 📅 Infosys: Dec 2021 It’s a tough time for these stocks due to global market challenges, but is it a warning or a rare buying opportunity? As prices stagnate, the question arises: hold tight, buy more, or move on? What’s your view on this market reset?

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Revised Personal Income Tax Slabs Under New Tax Regime - Standard Deduction increased from 50k to 75k. New Tax Slabs - 0-3L - NIL 3-7L - 5% 7-10L - 10% 10- 12L - 15% 12-15L - 20% Above 15L - 30% #Budget #IncomeTax #ModiGovernment #NewTaxRegime

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