The Fortnightly Show Ep. 1: What’s Driving the Indian Markets? | Amit Gupta & Nooresh Merani

Start your investing journey for free! Open a zero-brokerage Demat and trading account with Zerodha to invest in Stocks, Mutual Funds, ETFs, and Bonds: https://zerodha.com/open-account/?c=Z... Welcome to the first episode of The Fortnightly Show, a new series where we bring together market experts every two weeks to discuss markets, the economy, macroeconomics, geopolitics, and technicals — and how they all fit together. In this episode, we are joined by Amit Kumar Gupta (SEBI Registered Research Analyst – INH100009327) and Nooresh Merani (SEBI Registered Research Analyst – INH000008075), with Sandeep Rao (SEBI Registered Research Analyst – INH000013059) as the host. We discuss how India's equity market is evolving and the role of the Nifty 50 in representing the broader market. We explore index construction and stock weightings, the outlook for IT stocks, and how interest rates and monsoon conditions can influence consumption and the markets. We also discuss the upcoming Jio Platforms IPO, foreign investor participation in Indian equities, and the factors influencing capital flows into and out of India. To wrap up, we look at the key events to watch over the next two weeks, along with the index levels and sectors our guests are tracking. ⏱️ Chapters 00:22 — Beyond the Nifty 50: Where Is the Growth? 06:47 – How the Nifty 50 Weights Its Stocks 14:28 – IT Stocks: Is the Recovery Sustainable? 16:37 – Rate Hikes: Impact on Consumption and Markets 18:37 – Monsoon Shortfall: Impact on Rural India 19:47 — Rate Sensitivity: Which Sectors Are Affected? 21:26 — Jio IPO: Growth, Valuation and Market Impact 23:45 — Why Is India Losing Foreign Investor Confidence? 28:03 — Why Are FIIs Selling Indian Equities? 32:32 — Market Outlook: What to Watch Over the Next Two Weeks If you prefer reading, we've written a post about this episode here: https://inthemoneybyzerodha.substack.... Do check out our newsletter "Aftermarket Report" where we do a quick daily wrap-up of what happened in the markets, both in India and globally. here: https://aftermarketreport.substack.com/ Check out Varsity Live, a hands-on way to learn finance with experts. Instead of only listening, you practice in real time through activities like personal finance planning, technical charting, balance sheet analysis, and more: https://varsitylive.zerodha.com/home Disclaimer: The examples and ideas shared in this episode are strictly for educational and illustrative purposes only. Nothing discussed here should be construed as a recommendation, investment advice, or a solicitation to trade. Trading in stocks and derivatives involves significant risk and can result in the complete loss of capital. The examples and data presented are meant to explain market behaviour, not to suggest that similar outcomes will occur in the future. Investments in securities are subject to market risks. Please read all related documents carefully before investing. SEBI registration does not guarantee the performance of the intermediary or assure returns to investors. The securities mentioned are for illustrative purposes only and do not constitute a recommendation. By proceeding, you acknowledge and agree that any returns shown on this platform are solely for informational purposes. They are not intended to serve as advertisements or promotional material, nor should they influence your investment decisions. Trading and investment decisions should be made at your own discretion, and it is strongly advised to consult a qualified financial advisor before acting on any information provided. About Zerodha At Zerodha, we simplify complex financial topics to empower you with the knowledge to make smarter investment choices. Whether you're just getting started or looking to sharpen your skills, we're here to help you navigate the financial world with clarity.