Dec 23, 2021
Multipie weekly #26 Curated reads for investors
Hello👋This week we covered- Deja Vu in Paytm, Defending economies of scale, 40% of electricity generation from renewables & nuclear energy followed by interesting visuals & curated reads.
1. Market snapshot
While the US Tech markets crumble, Indian IT was the top gainer last week at 3.5%. The strength was strong in midcap IT with Mastek, KPIT, Ramco Systems gaining over 10%. KPIT is the best performing IT stock over last month, gaining 45%. Abhishek had shared his reasons and thesis for investing in KPIT here. Other sectors which gained are Industrials, Financials, and Metals/Materials by 2.1%, 1.3% and 1.1% respectively.