8Sapience
Notes
Short, timely notes on markets and decision-making for retail investors.
01 FY26 so far: one shock explains most of it Crude spiked, the rupee hit a record low, foreign money fled. Most of what happened to your portfolio this quarter starts upstream — not with your stocks. 02 A number without context is just a number P/E of 18 means nothing on its own. Decision intelligence is about the why behind the figure. 03 The market rotated, it didn't just fall Beneath a red index, money moved with intent — into defence, metals and autos, out of IT. Reading the rotation tells you more than the headline number. 04 Most market 'news' is noise. Here's how we separate it. Retail investors drown in headlines. The job isn't more information — it's deciding what actually changes your decision. 05 FPIs out, DIIs in: who holds India now? Foreign investors pulled a record ₹2.2 lakh crore from Indian equities in 2026. Domestic money bought it all. That handover is the structural story under the noise.