OMKARA CAPITAL – DAILY NEWSLETTER (5th June, 2026)
Markets are looking beyond the noise. As smart money hunts for value and turnaround opportunities, we remain focused on stock selection, risk management, and long-term wealth creation. Plus: RBI policy, Wockhardt, Panacea Biotech, and Titan updates.
Headlines
· Trump says he will be “honoured” to meet Iranian Supreme Leader Khamenei — a striking shift in tone from “killing civilisation” to “honoured”.
· RBI meeting today (no rate change expected, but the language, as always, is important).
· Broadcom stock falls 15% as the AI giant’s guidance disappoints the street.
Stocks in news
· Wockhardt Q4FY26 — concall key takeaways: Zaynic peak sales of $1.5–2B globally; novel antibiotic segment to break even in 12–18 months; biosimilar business to double in 24–36 months.
· Panacea Biotech: OHM Investment (Amal Parikh) acquired 3.14 lakh shares (a 0.51% stake) at ₹493/share — an old Omkara holding that we are happy to still hold in the fund.
· Titan investor day key takeaways: the FY30 ambition implies a 19% CAGR each in consolidated revenue and EBIT, with TMZ (Tanishq, Mia, Zoya) at 19% / 16%.
MARKET COMMENTARY: STOCKS MOVES FIRST AND NEWS COME LATER
I can’t pinpoint it, but I have a strong sense that a positive surprise is coming in the Indian markets — I don’t know exactly when, but likely over the next few weeks or months. I am not suggesting buying aggressively or adding leverage; simply hold what we have and be in no hurry to shuffle portfolios into hot themes. One thing is clear after speaking with many large investors and watching the screen: big, smart money is hunting for value and turnarounds. The trigger could be anything — a US–Iran deal, a US–India deal, Indian government policy action, or perhaps a sell-off in Asian markets such as Korea or Taiwan. But as we have all learnt, stocks move first and the news comes later.
Consider this: it has already been three months of war, and most traders — and even smart investors — have made good money (including in India) over the last two months, amid noise from every direction. The Adani pack, the power pack, NBFCs, and many individual stocks have worked very well. Simply put, the market has moved past the noise and turned highly stock-specific. Our job is not to be market commentators reacting to every headline, but to be analysts and investors focused on making money. The market is clearly signalling something — smart money knows it, and is hunting accordingly.
As an investor, I am sticking to the same sectors and stocks while studying several more as a team. As a trader, I am looking for opportunities where a significant re-rating is possible ahead. I have honestly stopped following daily news — it drains energy, delivers no results, and changes by the minute.
I am maintaining my risk management and resisting the urge to get rich on a daily basis. I am enjoying the grind and the learning now — and I am sure I will enjoy the ride later.
Warm regards,
Omkara Capital Private Limited, India
www.omkaracapital.in
Disclaimer: This newsletter is for informational purposes only and does not constitute investment advice. Please consult your financial advisor before making any investment decisions.
