Perspectives

Ideas for patient investors.

Notes on markets, cycles, and the decisions that shape long-term wealth—from the desk at Sandipani Capital.

17 October 202610 min read

NIFTY Drawdowns: The Fall Is Only Half the Story

How long can you wait after the market falls? NIFTY's history shows why a smaller drawdown can test investors for longer than a crash.

24 December 20259 min read

The stock market is a powerful tool—easy to enter, difficult to master. A data-backed look at what disciplined equity investing really demands.

24 October 202513 min read

Gold does not generate cash flows, yet investors continue to flock to it. Here is our perspective on what drove the gold rush of 2025.

8 September 20258 min read

Markets have cooled after the 2020–2024 rally. A closer look at valuations, global shocks, GST reforms, and how patient investors can respond.