There is no overnight money in markets. Impatience is punished and greed destroys capital faster than it creates it. Real wealth is built slowly through discipline, time and right decisions. If money was made overnight, everyone would be rich. Greed wants everything today, the market takes everything tomorrow.

The bitter truth of the Indian stock market is that when the market is flat, portfolios fall, when the market goes up, portfolios remain flat, and when the market falls, portfolios collapse. Sensex, Nifty and Bank Nifty may be near all-time highs, but most portfolios are deep in the red, with nearly two-thirds of stocks negative and median drawdowns severe. It feels like a taxi standing still while the meter keeps running, frustration is natural. As per market grapevine, indices appear managed to maintain a bullish illusion so SIP flows continue, while 80–85% of stocks are down 20–80% from their highs. This divergence has pushed many investors to exit equities and mutual funds over the last few months and shift to gold and silver, where they have earned fast and satisfying returns, adding to the frustration in cash equities.

Caution: For private circulation only.Please note that Money Times is for circulation among paid subscribers only. Any attempt to share your access to our website or forwarding your copy to a non-subscriber will disqualify your membership and we will be compelled to stop your supply and forfeit your subscription thereafter without any refund to you. […]

Caution: For private circulation only.Please note that Money Times is for circulation among paid subscribers only. Any attempt to share your access to our website or forwarding your copy to a non-subscriber will disqualify your membership and we will be compelled to stop your supply and forfeit your subscription thereafter without any refund to you. […]

Caution: For private circulation only.Please note that Money Times is for circulation among paid subscribers only. Any attempt to share your access to our website or forwarding your copy to a non-subscriber will disqualify your membership and we will be compelled to stop your supply and forfeit your subscription thereafter without any refund to you. […]

Caution: For private circulation only.Please note that Money Times is for circulation among paid subscribers only. Any attempt to share your access to our website or forwarding your copy to a non-subscriber will disqualify your membership and we will be compelled to stop your supply and forfeit your subscription thereafter without any refund to you. […]

Caution: For private circulation only.Please note that Money Times is for circulation among paid subscribers only. Any attempt to share your access to our website or forwarding your copy to a non-subscriber will disqualify your membership and we will be compelled to stop your supply and forfeit your subscription thereafter without any refund to you. […]

Key learning from 2024–25: Failure to exit on time can trap capital for years. ‘Buy and forget’ no longer works amid heightened geopolitical uncertainty.

Caution: For private circulation only.Please note that Money Times is for circulation among paid subscribers only. Any attempt to share your access to our website or forwarding your copy to a non-subscriber will disqualify your membership and we will be compelled to stop your supply and forfeit your subscription thereafter without any refund to you. […]

Dividend paying Northern Spirits 28% higher PAT of Rs.14.97 cr. in H1FY26 with 6-month EPS of Rs.9.33, which may lead to FY26 EPS of Rs.22–25. Strong festive Q3 outlook, promoters hold 66.97%, and 5-year profit CAGR of 44.8%. Stock trades at a PE of 9.7 and share looks attractive at Rs.151 vs lifetime high of Rs.576.