The Dark Truth Behind Derivatives Losses in India | Govindraj Ethiraj | The Core Report скачать в хорошем качестве

The Dark Truth Behind Derivatives Losses in India | Govindraj Ethiraj | The Core Report

On Episode 635 of The Core Report, financial journalist Govindraj Ethiraj talks to Rajashree Sarna, Partner, Grant Thornton Bharat as well as Ashish Nanda, President and Digital Business Head at Kotak Securities. ____________________________________________ In Partnership With: Markets move fast. Stay ahead with InvestingPro — your all-access pass to 300,000+ instruments, pro tools, and real-time alerts. No noise. Just market intelligence. InvestingPro — power your portfolio. Download Now: https://www.investing-referral.com/af... ____________________________________________ SHOW NOTES (00:00) Top Market Stories Today (00:50) Indian Stock Market Consolidation Explained (03:32) US Economy Feels Early Tariff Pressure (08:21) India’s Rising Tax Refunds & Revenue — What It Means (16:08) Why Retail Traders in India Lose Money in Derivatives (26:38) France May Cut Holidays to Reduce Spending Markets In Consolidation: What happens in a consolidation phase? Many investors are asking, as institutional players describe current markets this way. The Nifty 50 is up 13% since April lows, tracking global gains. Sanford Bernstein expects consolidation amid mixed macro signals. Their Nifty target is 26,500, about 5% higher. They expect a pause before the next move, shifting weight from utilities to staples. Momentum is moderating. Industrial output hit a 9-month low, power and oil dipped, vehicle sales and air traffic slowed. Credit growth weakened. But steel, coal, and cement are strong. Consumer firms saw volume growth. Power and petrol demand rebounded, possibly due to early monsoon. Bernstein sees mixed data with no 8%+ GDP growth ahead. Stock picking becomes key. On Wednesday, Sensex rose 63 points to 82,634, Nifty 50 added 16 to 25,212. Meanwhile, the Wall Street Journal says US inflation met 2.7% expectations. But tariffs lifted prices on key imports like furniture. Americans now face a 20.6% tariff rate, the highest since 1910, costing households up to $2,800 yearly. Input costs like steel, aluminium, and copper have spiked, hitting construction and tech. India may benefit from cheaper US exports like almonds or dairy. The AI boom keeps evolving. NVIDIA started it, but Oracle is now a surprise AI star. Once a database firm, it's grown cloud revenue to $138B, doubling in 2 years. Oracle’s market cap is $650B, fueled by AI demand and competition with AWS and Google. Back in India, mutual fund supply is rising. Jio BlackRock, part of Reliance, got SEBI nod to launch four passive schemes: Mid-Cap 150, Next 50, Small Cap 250, and G-Sec. New funds need strong performance and branding. SBI, ICICI, HDFC, and Kotak lead in AUM. The Bull Case For Gold: Gold may rise 15% by December, offering up to 40% returns. The World Gold Council cites safe haven demand and ETF activity. Central banks are buying. Daily volumes hit $329B in H1 2025. Holdings reached 3,616 tonnes, highest since 2022. Where Are Tax Collections Going? India's net direct tax collection fell 1.3% YoY to ₹5.6T. Gross rose 3.2% to ₹6.6T. Refunds jumped 38% to ₹1.01T. Govt targets ₹10.8T from corporates and ₹14.2T from others. Rajashree Sarna of Grant Thornton Bharat explains the refund surge. The Derivative Frenzy: Retail traders lost ₹250K crore in 4 years, including ₹100K crore last year. Over 90% lose money, often burning savings. Can awareness fix this? Ashish Nanda of Kotak Securities shares his view. Holidays in France: France plans $51B in budget cuts by 2026, including scrapping Easter Monday and May 8 holidays. Also proposed: 3,000 job cuts and fewer tax breaks. Uncover why retail traders in India keep losing big in derivatives. The truth behind massive market losses, tax refunds, and rising gold demand is deeper than you think. Watch till the end. Don’t miss this must-know episode of The Core Report. #DerivativesIndia #IndianStockMarket #FinancialNews #KotakSecurities #MarketLosses #TheCoreReport #TheCore Join The Core Insider to get access to perks:    / @thecore_in   Listeners! We await your feedback: https://tinyurl.com/TCR-Listener-Survey The Core & The Core Report is ad supported & FREE for all readers & listeners. Write in to [email protected] for sponsorships & brand studio requirements. For more of our coverage check out thecore.in (https://www.thecore.in/) Support the Core Report (https://tinyurl.com/Support-the-Core-...) Join & Interact anonymously on our WhatsApp channel (https://tinyurl.com/The-Core-WhatsApp...) Subscribe to our Newsletter (https://www.thecore.in/newsletters/th...) Follow Us on Social Media for More Updates: Twitter (  / the_core_in  ) Instagram (  / the.core.in  ) Facebook (  / thecore.biz  ) Linkedin (  / thecore-in  ) Youtube (   / @thecore_in  )