This week, on the "The Private Market Show," meet Anand Chandrasekaran, Executive VP, and Product Management, Five9. Anand is one of the few angels with a stellar record. Apart from being a successful angel investor, Anand has led products globally for organizations like Facebook, Yahoo!, Snapdeal and the interesting thing is all of these products have 10M+ users. In this episode, he shares many stories from his angel investing journey and talks about the trends he sees in Angel Investing in the US and India. He ends the episode by recommending a couple of his favorite books. Want to know more? Tune in to the episode. 

Moneycontrol Podcast

3478: The Private Market Show | Stories from my angel investing journey

Artificial Intelligence (AI) is becoming a necessity, especially in the post COVID world. Corporates are continuously making products that increase productivity and cut time driven by AI and machine learning, Kshitiz Mahajan, Co-Founder at Complete Circle Consultants Pvt Ltd in a D-Street Talk podcast with Moneycontrol. Artificial Intelligence (AI) is the branch of computer sciences that emphasizes the development of intelligence machines, thinking and working like humans. For example, speech recognition, problem-solving, learning, and planning. Mahajan explores 6 companies that are using AI in their products. Note: The stocks mentioned are for education and not buy or sell recommendations:  BOSCH AI influences our lives and work, creating possibilities long thought of as impossible. By 2025 all Bosch products will either use AI or will be manufactured with AI. The Bosch Indego S+, for example, is a robotic lawn mower that can be voice-controlled via Amazon Alexa. Bosch SoundSee — a sensor system that uses AI-enabled audio analytics — checks the operating noise of machinery on the space station. Happiest Minds:  Happiest Minds Technologies Ltd, enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency, and actionable insights. Happiest Minds enable digital transformation by deploying artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, etc. Cyient:  With a focus on accelerating digital transformation for industries, Cyient helps clients get business outcomes and not just new tools and technologies. The company collaborates with digital map developers to help them solve real-world issues in the automotive sector and make self-driven vehicles safer and smarter. Baidu, China’s largest search company, believes that in times to come, smart maps for autonomous vehicles will be a bigger business than web search. Affle India:  Affle is a global technology company with a proprietary consumer intelligence platform that delivers consumer engagement, acquisitions, and transactions through relevant Mobile Advertising. The company aims to enhance returns on marketing investment through contextual mobile ads and also by reducing digital ad fraud. Affle's Consumer platform is used by online & offline companies for measurable mobile advertising. Zensar Technologies: Zensar Technologies is betting big on artificial intelligence (AI). The push for AI comes from a belief that this technology is at a point where digital technologies were a few years ago. Zensar AIRLabs, is now completely focused on AI and has filed for 100 patents in the past two years. Saksoft:  The technology solutions range from Intelligent Automation, Legacy Modernisation, and Managed Infrastructure support, Advanced Analytics, and Quality Assurance, Saksoft is well placed to address and resolve almost every technology challenge that a client faces. (Tune into the podcast for more) Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. 

3477: D-Street Talk | AI next big thing! Kshitiz Mahajan explores 6 companies that are using smart technology

Nifty has maintained its higher top higher bottom formation on the monthly charts and has formed a fresh lifetime high of 16,349.45. The index has given a consolidation breakout of the last eight weeks from 15,430 – 15,962 levels. The RSI plotted on the daily timeframe can be seen sustaining below the 60 mark which shows a lack of positive momentum for the short to medium term. The key support levels to watch out for in the short term are 15,960 (breakout level) and 15,513 (3-week low). On the upside, the key resistance level is 16,450 (potential upside target of consolidation phase). If the index sustains above this level, we might see it head higher towards 16,687 (138.2 percent extension level of the rise from 13,596-15,431, projected from 14,151). We believe that the long-term bullish trend remains intact and the Nifty will move towards 16,450 and 16,687 in the coming days. 

3476: Hot stocks | HCL Technologies, Kotak Mahindra Bank, HDFC can give up to 24% return in short term

Gig roles which are offered for a shorter duration was popular among a few sectors in India and gained prominence amidst remote working and flexi working during COVID-19. Even large companies were opening to hiring such talent, bringing good news for the job market. But will this trend continue? In this episode of Future Wise, Moneycontrol's M Saraswathy talks to Sudhakar Balakrishnan, Group CEO of FirstMeridian, an HR services and automation company​ to find out the gig work trends. Listen in for more. 

3475: Future Wise | Are gig jobs still in favour in India?

Nifty finally managed to breach the key psychological level of 16,000 on August 3 after making many attempts in the recent past. The breakout was seen with heavy volumes as Call writers were seen at 16,000 strike unwinding their positions while Put writers added hefty open interest at 15,900 and 16,000 strikes. Healthy buying in most sectors pushed domestic equities to record high levels. Heavyweights like SBI, ICICI Bank, ACC, HDFC, Axis Bank and Bajaj twins witnessed strong buying momentum which took the Indian market to record highs. On the technical front, Nifty has witnessed a fresh breakout on charts after almost two months of consolidation in the range of 15,500-15,900. In the coming sessions, we expect the momentum to continue towards 16,350-16,400 levels. We expect that Bank Nifty will also join the rally and move towards 35,800 levels from here on. However, on the higher side, once again 36,000 will act as a strong hurdle for the banking index. 

3474: Hot Stocks | Bata India, L&T, HCL Technologies can give up to 15% return in short term

On August 1, some diligent tax-payers who tried to file their income tax returns were in for a shock. The new e-filing portal, they realised, was demanding a penalty for late-filing. This, despite the income tax department having extended the due date from July 31 to September 30.​ Though such tax-payers were attempting to file returns well before the deadline, the new income tax portal demanded late-filing fees due to  technical malfunction.   This is not the first time that tax-payers have encountered such challenges. The finance ministry and the income-tax department have assured tax-payers that the glitches will be resolved soon. Should you go ahead and file your returns now or wait for a few weeks for the hiccups to be addressed? Tune into Simply Save to listen to tax expert Karan Batra’s advice on the approach you should adopt now. 

3473: Simply Save | Filing income tax returns ahead of September 30 deadline? Wait for glitches to be resolved

Nifty gained more than 100 points on August 2 on strong global cues to close at 15,885, its highest close since July 16. The index broke out from the downward slopping trendline yesterday, adjoining the highs of July 16 and July 26. It also filled the entire gap created on July 19. The benchmark index has resumed its uptrend and the possibility of it crossing 16,000 this time is very high. On the derivatives front, we have seen Put writing at 15,600-15,700 levels. The 50-day exponential moving average (EMA) is placed around 15,600 and this level will act as strong support. Traders should remain bullish and accumulate longs with the stop loss of 15,600 on a closing basis. On the higher side, once we cross the 16,000 level, Nifty may go to 16,300-16,400 levels in the coming weeks. Nifty Midcap and smallcap indices have broken out on the daily chart to close at all-time high levels. This year, they have outperformed by rising by 36 percent and 50 percent, respectively, against a 14 percent rise in the Nifty. We expect their outperformance to continue for the coming weeks and months also. Therefore, the focus of the traders should be on mid and smallcaps for higher returns. 

3472: Hot Stocks | Kaveri Seeds, Indian Hume Pipe, Rupa & Company can give up to 15% return in short term

Moneycontrol’s Karunya P. is in conversation with Siddharth Menon, co-founder & COO, WazirX delving into the nitty-gritty of investing in cryptocurrency and understand how do they work.

3471: Why do we need cryptocurrency?

The market has been in a narrow range for over a month now. If we take a glance at the intra-month movement, we can see Nifty trapped in a slender range of 500 points. The monthly chart now exhibits two back-to-back ‘Doji’ candles with very small upper and lower shadows. This is a sign of consolidation and the market seems unsure of this direction. In such a scenario, one should avoid taking any directional view till the time we do not get a range breakout on either side. Considering the historical trend, the month of August is known for bigger moves. So it would be interesting to see whether history repeats itself or not. As far as levels are concerned, 15,850, followed by 15,950 are the levels to watch out for and on the other hand, the sacrosanct support is placed at 15,550–15,450. If the breakout happens on the upside, then we may not see a bigger move, but if it happens downwards, then brace yourself for some tough time. In the last fifteen months, the market has not experienced any meaningful correction and has been enjoying a strong bull run. If we see a convincing breakdown below 15,450, then a decent correction is possible. Till the time the market is stuck in a range, one should take one step at a time and continue with the stock-specific approach by following a proper exit strategy.

3470: Hot Stocks | 'Can bet on Bharti Airtel, SPIC for short term'

On the "The Private Market Show" this week, we have Parminder Singh. Parminder has worked with the world’s best tech companies like Apple, Google, Twitter, HCL, and is currently associated with Mediacorp in Singapore. We talk about the motives of investing in startups, how to create portfolio diversification across geography, sector, and stage of the startup, and how he evaluates the team before investing. He actively works with startups along with being a CXO. How he manages it? Tune in to the episode to know. 

3469: The Private Market Show | A CXO's perspective on Angel Investing

The crackdown by the Chinese government of ed-tech companies led to steep losses in equity markets across the globe including India, but there is a silver lining, suggest Sameer Narayan in a D-Street Talk Podcast with Moneycontrol.

3468: D-Street Talk | This PMS fund manager managing Rs 1150 cr see FII money moving to India post China crackdown but not immediately

With corporate vaccinations picking up pace, India Inc is readying itself to get all its employees back to physical offices. This means that professionals who had built their work-from-home routine for more than 15 months will have to get back to their workplaces. Will employees be hesitant? In this episode of Future Wise, Moneycontrol's M Saraswathy talks to Sunil Goel, MD, GlobalHunt to find out the challenges. Listen in for more. 

3466: Future Wise | Is 100% back to office the right strategy?

Nifty slipped back below 15,750 level, tracking weak global cues, on July 27. Except for metal and PSU bank indices, all sectors followed the footsteps of the benchmark and ended the day in the red. Nifty Pharma index was the worst hit with a loss of over 4 percent. On the derivatives front, Call writers once again added hefty open interest at 15,800, 15,900 and 16,000 strikes which points towards limited upside in the Nifty. Put writers were seen unwinding their position from 15,700 strike which hints that bulls are on the back foot as of now. Secondary oscillators suggest that the market is likely to trade with a negative bias in the coming sessions as long as Nifty is trading below 15,850-15,900 levels. Volatility may be high as we are near the expiry of the July futures and options series. 

3467: Hot Stocks | Can bet on Bharti Airtel, Gabriel India, Hindalco Industries for short term

In the last few years, investing in debt mutual funds has been difficult, especially in funds taking credit risks. The liquidity crunch that hit debt markets after Covid-19 pandemic led to redemption pressures on several debt schemes.  When redemption pressures hit a debt scheme, the fund manager is likely to sell higher-rated debt securities, which have some liquidity.  The remaining investors are likely to be left with a portfolio of lower-rated securities and may also have to bear the impact of NAV decline caused by any stressed sales.  In a recent consultation paper, SEBI has proposed the concept of swing pricing, to protect the interests of the investors that are left in the scheme. When debt markets go through disruptions, it is usually the sophisticated institutional investors that exit early, while retail investors are usually left behind.  Through this proposed mechanism, the daily NAV can be adjusted to impose certain costs on exiting investors, in times of market stress.  In today’s Simply Save Podcast, we are joined by Joydeep Sen, corporate trainer-debt markets, to find out more about the concept of swing pricing.  

3465: Simply Save | What is swing pricing and how can it impact debt mutual funds?

For almost two months, Nifty has been trading in a narrow range of 15,600 to 15,950. Last week, Nifty found support around its 50-day exponential moving average (EMA) and reversed north. At present, the 50-day EMA is placed at 15,581. The daily ADX line for Nifty has reached below 9, which can be considered extremely low as compared to historical readings. In this kind of setup, we can expect the ongoing consolidation to end soon. The primary trend of the market is bullish as Nifty has been holding its level above 50, 100 and 200-day moving averages. Nifty is less than a percent away from its all-time high of 15,962. Though the market has been trading near the all-time high level, the moves in the largecaps have been very choppy in the last many weeks. The choppiness is expected to be there unless Nifty surpasses the level of 16,000. Midcap and smallcap stocks have resumed their outperformance after a small consolidation. On the derivatives front, there has been continuous Put writing at 15,700 and 15,800 strikes, which indicates that longs in Nifty should be held with the stop loss of 15,700. Any level above the recent swing high of 15,962 would push Nifty towards the next targets of 16,200-16,300. 

3464: Hot Stocks | Jubilant Ingrevia, Jubilant Industries, Jk Cement can give up to 19% return in short term

The Moneycontrol Podcast is your daily source of business news, investment analysis and advice on stocks and the markets. Tune in to broaden your horizons with podcasts by journalists, experts and analysts giving you a head-start in the investment game.

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