The B&B Way to Wealth

23/06/2026

📊 Market Update | 23 June 2026

After a strong rally over the last few sessions, Indian markets witnessed sharp profit booking today.

🔹 Sensex fell over 900 points
🔹 Nifty slipped below 23,850
🔹 IT and Metal stocks led the decline
🔹 Global weakness and US rate concerns weighed on sentiment
🔹 Profit booking emerged after a 4%+ rally in the last 7 sessions

What should investors do?

✅ Stay focused on asset allocation
✅ Continue SIPs and staggered investments
✅ Avoid reacting to daily market noise
✅ Use volatility to accumulate quality assets

Remember, wealth is not created by predicting every market move. It is created by staying invested through market ups and downs.

💡 The B&B Way to Wealth:
"Time in the market is more important than timing the market."

23/06/2026

Advit Jewels IPO – Quick Review

Advit Jewels is a Jaipur-based jewellery company selling handcrafted Kundan, Polki, Diamond and Studded jewellery under the Rambhajo brand.

IPO Details

IPO Open: 23 June 2026

IPO Close: 25 June 2026

Price Band: ₹130–₹138 per share

Lot Size: 100 shares

Minimum Investment: ₹13,800

Issue Size: ₹165.16 Cr

Listing Date: 1 July 2026 (expected)

Grey Market Premium (GMP)

Current GMP: ~₹60–₹65

Implied Listing Price: ~₹198–₹203

Expected Listing Gain: ~43–47% (indicative only, not guaranteed)

Financial Snapshot

Revenue: ₹69.45 Cr (FY24) → ₹124.94 Cr (FY25)

Profit After Tax: ₹14.71 Cr (FY24) → ₹25.37 Cr (FY25)

ROE: ~56%

PAT Margin: ~20%

Positives ✅ Strong revenue and profit growth
✅ Healthy margins and return ratios
✅ Mainboard IPO
✅ Strong GMP and broker interest
✅ Debt reduction and working capital use of proceeds

Risks ⚠️ Jewellery business is dependent on discretionary spending
⚠️ Gold price volatility can impact margins
⚠️ GMP is unofficial and can change sharply before listing

B&B Way to Wealth View

For investors seeking listing gains, the current GMP indicates strong demand. For long-term investors, the company shows healthy growth and profitability, though jewellery businesses can be cyclical. Based on available data, this appears to be a reasonable "Subscribe" candidate, which is also the view reported by SBI Securities.

My rating: ⭐⭐⭐⭐☆ (4/5) for IPO investors.

23/06/2026

📢 Foreign Investors Are Voting for Indian Debt! 🇮🇳💰

A quiet but significant trend is unfolding in India's financial markets.

After the Government announced tax relief on investments in Indian Government Securities (G-Secs), foreign investors have poured more than ₹21,000 crore into the debt market in June alone — the highest monthly inflow in over a year.

Why the sudden interest?

✅ Attractive yields of around 6.8%–7.0%
✅ Tax benefits for foreign investors
✅ Strong macroeconomic fundamentals
✅ Growing inclusion of Indian bonds in global indices

Interestingly, while foreign investors have been cautious on Indian equities, they are showing strong confidence in India's debt market.

📌 The message is clear: Global investors see Indian bonds as an attractive combination of yield, stability, and policy support.

The B&B Way to Wealth
Basics & Boring often win in wealth creation. While equities grab headlines, debt continues to play a crucial role in building a resilient portfolio.

22/06/2026

🇮🇳 India vs 🇺🇸 USA: A 30-Year Wealth Creation Story!

Many investors believe that wealth can only be created by investing in the U.S. markets.

But here's a surprising fact...

Over the last 30 years (1996–2026), India's broader market index, the Nifty 500, delivered a USD return CAGR of 8.26%, almost matching the S&P 500's 8.33%.

Think about it:

✅ Despite multiple global crises
✅ Despite currency depreciation
✅ Despite political and economic cycles
✅ Despite countless market corrections

India's broader equity market has created wealth at a rate comparable to the world's largest stock market.

📌 The lesson isn't about India vs USA.

It's about the power of:
• Staying invested
• Thinking long term
• Remaining diversified
• Ignoring short-term market noise

The biggest wealth creators are rarely the smartest investors.

They are usually the most patient investors.

💡 Wealth creation is simple, but not easy.

The B&B Way to Wealth
Basics & Boring create Extraordinary Wealth.

21/06/2026