Coffee Can Newsletter – May, 2019

In our recent interactions with you and company managements, a frequent area of discussion has been the probable outcome of ongoing elections and its impact on country’s economic progress & stock market returns. Factoring in a stable majority government, markets are currently assuming robust economic development for the next five years. This is reflected in recent market performance, Nifty has already delivered 8% returns in the last three months and 13% in the last six month.