Wealth Creation in Capital Market 20 th December, 2014 Kolkata By SP Tulsian

2 Crude correction Inflation on southward journey China growth tapering Crude producers’ nightmare US economy uptrend Commodity prices softening Present Scenario

3 Worries on divestment Crude price fall seen negative FII outflows Rupee weakening worry Inventory losses seen Present Analysis

4 GST – from 1 st April, Positive developments -  Coal Bill  Insurance FDI Hike  Companies Amendment Bill  Land Acquisition Bill  Project Monitoring Group under PMO  Jan Dhan Yojana  Make in India  Mega Investment Plans  BJP spreading wings Pan India  PSU banks re-capitalisation  Swachh Bharat Abhiyaan  Fiscal Prudence Govt. Initiatives

5 Projections

6 Projections (contd.) In $ Trillion GDP FY15: $2.1T, FY16: $2.4T, FY17: $2.8T, FY18: $3.3T M Cap FY15: $1.7T, FY16: $2.2T, FY17: $2.8T, FY18: $3.6T (Data in constant US$ rate)

7 Be an investor – LT or ST Stop F&O Stop chasing momentum Must book LTCG Mix of Large Cap, Mid Cap, Small Cap and Micro Cap Listen to less number of experts Look for companies which will grow and exist even after 10 years Avoid leveraged companies Cautious view on companies having dividend pay out < 25% Promoter, Project & Prospects – Key for investment Prune funds through MF Guidelines

8 Banks Automobile Pharma IT Paints Cement Healthcare Engineering Agrochemicals Packaging Ceramic Tiles & Sanitary Ware Auto Ancillaries Large Cap Mid Cap Small & Micro Cap Sectors

8 Thank You!