Insights
Markets, Economy, Investments and analysis; SKG Research provides the relevant and updated news and reports to help you better understand today’s markets and investment choices.
Mint
2nd July 2026
Expert view: Broader market to remain range-bound in medium term, says SKG Investment's Director
Expert view: Kush Gupta, Fund Manager at SKG Investment, predicts a cautious recovery for the Indian stock market in 2026, hinging on crucial macroeconomic factors. Gupta emphasises opportunities in defence, financial services, and pharma.
Businessworld
18th June 2026
IPOs Window Reopens: Are Investors Ready For Next Wave Of Listings?
Several smaller IPOs listed this year struggled to attract strong participation, particularly in the Rs 100 crore to Rs 400 crore segment.
The Economic Times
9th June 2026
D-Street indices caught in crossfire as oil roads lead to uncertainty
Indian stock markets tumbled nearly 1% on Monday, mirroring a broader Asian decline. Renewed Middle East hostilities fueled oil prices, while global investors shifted away from AI stocks.
Business Today
6th June 2026
BT Explainer: Tax-free G-Secs for FIIs: Can the move help bridge India's ₹4.76 lakh cr funding gap?
The Centre removed taxes on interest income and capital gains from government securities for foreign investors, marking one of India's biggest bond-market reforms in years.
Mint
2nd June 2026
More companies slipped into losses in Q4. Is the worst still ahead?
More companies turned loss-making in Q4FY26 despite stronger revenue growth, as rising raw material costs exposed smaller businesses with limited pricing power.
Money Control
23rd May 2026
Daily Voice: Investment advisor recommends two structural conviction ideas, forecasts RBI rate cut pause in June
Defence is the strongest structural growth story in the current coverage universe, says Abhishek Mishra, the founding partner of SKG Investment and Advisors.
Business Standard
18th May 2026
Fintech stocks underperform: What's behind the massive valuation reset?
Larger platforms like PB Fintech and One97 Communications (Paytm) have closely tracked or slightly underperformed the Nifty 50, displaying far better resilience than sub-scale players
mint
28th April 2026
NBFCs may reflect monsoon stress before it shows up elsewhere
Dalal Street's reacts remains largely muted by poor monsoon forecasts as crude oil and capital flows dominate sentiment. But rural lenders tied to farm cash flows could reflect stress well before it shows up in consumption or earnings.
Money Control
24th April 2026
April ceasefire pushes BSE SMID 400 back to pre-US-Iran war level of 12,000
The April ceasefire has lifted the BSE SMID 400 index back to its pre-US-Iran war level of around 12,000. But analysts quite do not expect the relief rally to break the index out of the two-year trading range that has held it between 11,000 and 13,000.
upstox
4th April 2026
FY27 structural outlook remains constructive; FIIs could turn positive by H2: Kush Gupta, Director at SKG Investment and Advisory
Market outlook FY27: H1FY27 will likely see continued sideways movement and heightened volatility as inflation and interest rate trajectories adjust to the energy shock, says Kush Gupta, Director at SKG Investment & Advisory.
Mint
1st April 2026
From defensives to rate-sensitive, FY26 market rout cut across sectors
From defensive sectors like FMCG to rate-sensitive realty and global-facing IT, few corners of the market were spared in FY26
Business Standard
23rd March 2026
Buffett Indicator vs Nifty P/E: Analysts warn risk against mid, smallcaps
While the Buffett Indicator signals froth, Nifty P/E shows large caps are stable. The real risk, analysts said, lies in mid & small caps, where valuations remain stretched.
Business World
11th March 2026
Market Valuations Cheap But Not At Crisis Level Discount: Kush Gupta Of SKG Investment
Heightened geopolitical tensions in the Middle East have injected fresh volatility into global financial markets, with Indian equities witnessing sharp swings amid rising crude oil prices, foreign investor outflows and currency pressures.
Mint
1st March 2026
SME-to-mainboard express hits the slow lane amid tighter rules
For SMEs, shifting to the mainboard is not merely a change in trading platform, it is a transformation in market positioning, investor access and corporate credibility.
Economic Times
4th February 2026
Reeling in bear market, should investors buy smallcap stocks after India-US trade deal?
After two years of exceptional gains, India's smallcap stocks have gone through a sharp and painful correction. The question now facing investors is whether the recent India-US trade deal marks a turning point for the segment.Smallcap stocks were among the biggest winners of the post-pandemic bull market.
Money control
2nd February 2026
Three things Union Budget 2026 must get right to restart earnings compounding in small and mid caps
Small & mid caps enter Union Budget 2026 from a tougher base than the ‘easy rerating’ phase of the last cycle, when liquidity and optimism helped compress risk premiums. Today, markets are far more sensitive to earnings certainty, cash flow conversion, and balance sheet strength.
Upstox
31st January 2026
NIFTY50 EPS growth seen at 11%–13% in FY26–FY27: Abhishek Mishra, SKG Investment & Advisory
NIFTY50 outlook: This market structure rewards execution over narratives. Returns are less likely to come from broad valuation rerating and more from earnings upgrades, operating leverage, and capital efficiency improvements at the company level, Mishra says.
Youtube - Podcast
22nd January 2026
Kush Gupta on Small Cap Investing, AIFs and IPOs.
In this episode of the Sanjay Kathuria Podcast, we host Kush Gupta, an experienced investment professional with 20+ years in finance and corporate law, currently Director & Fund Manager at SKG Investments & Advisory. He manages the SKG India Small & Midcap Fund (Category III AIF) and is known for applying a private-equity mindset to public markets.
Business World
12th January 2026
Unlisted shares are typically valued based on demand–supply dynamics, rather than on core fundamentals, as detailed financial information is usually limited
In India’s IPO ecosystem, the speculative frenzy around unlisted shares, where retail investors are chasing pre-IPO stocks for “guaranteed” listing gains, often comes without understanding the risks of pricing mismatches, delays and liquidity constraints.
Economic Times
17 November 2025
Last 5 IPO boom cycles ended with market bust, what’s in store for 2026?
Two of India’s buzziest startups — Lenskart and Groww — hit the markets this week, but their debuts couldn’t have been more different. For Lenskart, the much-hyped listing turned out to be more of a blur.
Money Control
16 November 2025
Daily Voice: Kush Gupta backs financials, agri and consumption for Q3; sees IT struggling
After reading Q2 earnings and management commentaries, Kush Gupta, Director at SKG Investment & Advisory told Moneycontrol that his outlook for Q3FY26 earnings remains optimistic.
Live Mint
03 November 2025
Groww's founders won't sell a single share in the IPO. Is their long-term conviction justified?
In a surprise twist that has set Dalal Street abuzz, the founders of Groww have decided not to sell a single share in the company’s ₹6,632-crore initial public offering (IPO) — a rare act of conviction in India’s startup ecosystem, where most promoters cash out partially at listing.
Economic Times
17 October 2025
SME IPOs: Why it may not be right to paint all with the same brush
For economist E F Schumacher and his followers, ‘Small Is Beautiful.’ When it comes to the investing world, the smaller ones are looked at with jaundiced eye, thanks to history of many companies going down the tube due to mismanagement and fraud.
Economic Times
20 October 2025
Nifty rallying, but portfolios down? Diwali run masks retail pain as smallcaps extend year-long slide
The benchmark Nifty 50 scaled fresh 52-week highs ahead of Diwali, buoyed by strong buying in heavyweight sectors such as financial services, FMCG, telecom, and energy. Yet, for most retail investors, who usually bet on high growth small- and midcap stocks, the pre-festival cheer hasn’t translated into portfolio gains.
Economic Times
27 October 2025
IPO frenzy: Here’s what investors should look out for beyond the hot listings and wild valuations
India’s buzzing Initial Public Offering (IPO) market is ablaze with a riot of colours befitting the Diwali festivities. New listings are coming thick and fast, and investors can’t seem to get enough. While some IPOs are sparkling like firecrackers in the night sky, others are quietly fizzling out.
Economic Times
29 September 2025
GDP growth filter: Target to invest in companies whose profit after tax outpaces economy’s expansion target rate
Even though benchmark Indian indices stumbled at the start of 2025, the outlook for domestic growth is robust. The Reserve Bank of India’s (RBI) policy stance, higher government spending, and the recent Goods & Services Tax (GST) reset will keep economic momentum intact. The International Monetary Fund’s (IMF) July 2025 World Economic Outlook projects India to outpace major developed and emerging economies in growth during 2025 and 2026.
Live Mint
13 August 2025
Beyond the ticker: Why unlisted stocks are stealing the spotlight
When we think of investments, the image is often of the stock exchange — a screen flashing green and red, prices shifting by the second, and the thrill of volatility. But the financial world has changed. Today, some of the most compelling opportunities lie outside listed markets.
Upstox
29 August 2025
Small- and mid-cap firms are becoming investor favourites: Kush Gupta, Director at SKG Investment & Advisory
Stock market investment: The expert says that a big change has come in the pattern of investing. Value seekers are comfortable with taking risks and investing in companies that are in their early stages of growth.These 7 milestones have played a crucial role in the growth and development of the Indian stock market, contributing to its current position...
Live Mint
20 August 2025
SKG Investment's director on Nifty's short-term target, earnings revival, impact of Trump tariffs and more
Kush Gupta from SKG Investment & Advisory suggests that the Indian stock market may remain sideways, with the Nifty trading between 24,500 and 26,000 in the coming months, influenced by global tariffs and earnings revival prospects.
Business Line.
30 August 2025
IPO rush in India continues despite US tariff worries
Notwithstanding the trade war with the US and geopolitical tensions, August turned out to be one of the busiest months for the primary market with 43 companies tapping the mainboard and SME exchanges to raise fresh capital of ₹17,252 crore.
Live Mint
17 July 2025
India’s IPO boom cools in 2025—Can the market regain its momentum?
After a blockbuster 2024 that saw Indian companies raise an all-time high of ₹1.69 trillion through initial public offerings, the euphoria around IPOs appears to be softening in 2025. The mainboard segment, once flooded with enthusiastic bidders, is now witnessing lukewarm interest, subdued subscription levels, and sharply lower listing gains.
Live Mint
24 July 2025
LIC's June-quarter bets signal shift from momentum to value investing
India’s largest domestic institutional investor, Life Insurance Corporation of India (LIC) made selective bets in its equity portfolio in the June quarter of FY26, even as global uncertainties continued to dampen foreign investor sentiment.
The Economic Times
21 June 2025
ETMarkets Smart Talk: Shift debt allocation to short-term funds, maintain equity focus for stronger returns: Kush Gupta
As markets navigate through volatility and macro uncertainties, Kush Gupta, Director at SKG Investment & Advisory, remains optimistic about India's growth story in the second half of 2025.
Financial Express
19 June 2025
SEBI board opens door for more investments
SEBI announces key reforms to boost investments, ease compliance for FPIs, AIFs, REITs, and startups. Esop rules relaxed for IPO-bound founders; G-Sec access simplified; co-investment norms updated. Aimed at aligning with global practices and attracting long-term capital into Indian markets.
Economic Times
26 April 2024
Indian wealth management: Challenges, opportunities and the future
The Wealth Management industry has experienced robust growth in the recent years, it’s backed by India’s increasing affluent segment that has created a sizeable customer base for investment advisory services.
Money Control
15 April 2024
SMEs far from bubble territory, FY25 IPOs will exceed FY24: SKG's Investments' Kush Gupta
Companies in the SME space can be a little more tricky to evaluate as opposed to largecaps or mature midcaps, says the director of SKG Investments & Advisory.
Livemint
13 March 2024
Sensex Today | Market Crash Highlights : Sensex ends down 900pts, Nifty below 22k; broader market, heavyweights fall
Sensex Today | Market Crash Highlights : Stocks struggled to maintain momentum in the wake of another record-breaking session on Wall Street, as a rally in Europe took a breather despite dovish comments from policy makers. The Stoxx Europe 600 index was flat, with gains for retailers and utilities offsetting losses..
Business today
13 March 2024
SME IPO index crashes 18% from 52-week highs; is the 'microcap' party over?
Small and medium-sized enterprises (SME) have been hammered hard lately after strict commentary from the Sebi chairperson Madhabi Puri Buch. The euphoria in the SME space has been condensing lately, but some big-ticket SME issues are pushing their way ahead. However, the froth has not entirely fizzled out.
Livemint
07 March 2024
SME IPOs: A gateway to emerging market opportunities
SMEs represent over 90 per cent of the total businesses in India comprising almost the entire middle class in the country.Regulatory changes boosted their inclusion in the financial world, providing them with an opportunity to raise equity and leverage the growing investor base in India.
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