Market Insights Today by Ashika Group: From NASDAQ Mispricing to Quick Commerce Challenges

Ashika Group has been making waves in the financial sector with their expert analyses featured in Mint, MoneyControl, and Business Line, etc. 

Below are some of their recent expert perspectives that have garnered attention across major financial media outlets.

Featured Insights

• Sundar Kewat, Technical and Derivatives Analyst, Ashika Institutional Equity, provides a breakdown of recent market movements, highlighting how domestic economic data significantly influenced investor sentiment. 

Domestic economic data played a key role in shaping market sentiment today. Retail inflation eased more than expected, falling below the RBI’s target range for the first time in six months, fuelling optimism about potential interest rate cuts. Additionally, industrial output surged beyond expectations in January, further boosting investor confidence.

The Nifty opened on a positive note at 22,541 but faced early selling pressure before recovering to an intraday high of 22,558. However, renewed selling dragged the index to an intraday low of 22,377 (as of 15:06). The session was marked by high volatility, with sharp fluctuations before the index settled near the day’s low. Sector-wise, Capital Goods, Power, and Healthcare exhibited strength, while weakness was observed in Oil & Gas, Financial Services, Auto, and IT.

Read more: Money Control

Observing the markets, Sundar Kewat, Technical and Derivatives Analyst, Ashika Institutional Equity said, “The gap-down opening was primarily influenced by global market sentiment after Goldman Sachs lowered its 2025 U.S. GDP forecast from 2.4 per cent to 1.7 per cent, citing a weaker economic outlook. This triggered a broad-based sell-off in global and Asian markets.

Read more: Mid-day

• Amit Jain, co-founder of Ashika Global Family Services, showcased remarkable foresight in Ashika’s Annual Newsletter, having cautioned about U.S. stock market valuations well before the current market realisation. 

“In our Annual Newsletter, 2025 of Ashika Global Family Office Services, we were extremely cautious about US Stock Market valuations. As apparently, the market was mispricing the NASDAQ 100 valuations compared to US treasury yield,” said Amit Jain, co-founder of Ashika Global.

“We still remember when we were writing the Global Market Outlook on 1 January 2025, NASDAQ 100 was trading at an earning yield of 2.9 per cent compared to the US G-Sec yield of 4.6 per cent. To us, it was insane, but somehow, global investors were unable to realise it at that moment in time. It seems now that global investors are realising this mistake of mispricing the US tech sector above US treasury G-Sec yield,” said Jain.

Read more: Livemint

• Ishan Tanna, Equity Research Analyst at Ashika Institutional Equity, delivers penetrating analysis of the quick commerce sector, explaining why companies like Zomato’s Blinkit, Swiggy Instamart, and Zepto face profitability challenges.

“Quick commerce players are heavily investing in infrastructure, including dark stores, cold chains, and specialised inventory systems, to support rapid deliveries. They are aggressively acquiring customers through steep discounts and promotional offers, while also incurring high last-mile delivery costs to meet 10-15 minute delivery promises. 

Labour expenses for warehouse staff and dedicated delivery personnel, along with significant investments in real-time inventory tracking and route optimisation, further add to the financial burden. Essentially, quick commerce is prioritising growth over profitability, effectively buying market share in an emerging segment,” noted Ishan Tanna, Equity Research Analyst at Ashika Institutional Equity.

Read more: Business Line

Conclusion

Ashika Group continues to establish itself as a trusted source of financial intelligence, with their experts’ analyses consistently featured across prestigious financial media platforms. As markets navigate increasingly complex terrain, these insights remain invaluable for the investment community.