May, 22, 2025 By Vikram Murarka 0 comments


Operation Sindoor isn’t just about military strategy — it’s a declaration of self-reliance. By bypassing advanced air defences and intercepting drones and missiles of Chinese and Turkish origin, India proved the power of homegrown technology. A country that barely exported defence equipment a decade ago is now clocking ₹24,000 Cr in exports — targeting ₹50,000 Cr by 2029 and aiming to be the largest arms exporter by 2047.
This isn’t a moment. It’s a mindset.
It reminds us of Dr. Vijay Bhatkar, who, when denied access to Western tech, built India’s first supercomputer — Param 8000 — from scratch.

We embody much of the same spirit in the work we do at KSHITIJ
From building one of the most comprehensive databases (going back to the early 1900s), to creating proprietary charting frameworks (3-day, 13-day, bi-monthly), analysing 60+ market drivers, and pioneering the Kshitij Hedging Method (KHM) — our risk management philosophy honed over 18+ years — we’ve always believed in building, not borrowing.
We’ve built tools, and we’ve built RELIABILITYwith our published forecast and hedging TRACK RECORD, perhaps the only firm in the market that puts its performance for public scrutiny.
Innovation and building intellectual property aren’t optional. It’s the only way we know at Kshitij.
How does this matter to YOU, the Client? All the work we do adds up to the value addition we bring to our clients, ranging anywhere between 20-50 paise per dollar.
Now, a saving of 20 paise per dollar may not look that big on surface but can add up to ₹20 crores per annum or more, depending on the size of your exposure.
So, if you are looking for somebody with…
Proprietary tools
A proven methodology and
A Risk Philosophy that really works
… talk to us
Or in other words if you are looking to save some serious real money in forex hedging, TALK TO US.
In our last report (29-Jun-26, UST10Y 4.39%) we had followed the fall in Crude to $73 to change our US10Yr forecast from a rise to 5.10% by Sep-26 to a slight dip to 4.30% by Sep-26; and instead of the earlier forecast of a rise to 5.4% by Jan-27, the changed forecast projected …. Read More
In our July 2026 report (6-Jul-26, Brent @ $71.94), we had expected Brent to test $64 before consolidating within the $64-90 range till Mar-27. Thereafter, the prices were expected to slowly rise back to … Read More
In our July 2026 report (10-Jul-26, EURUSD 1.1442), we expected the Euro to rise from support at 1.13 to 1.16 by Aug-26 before resuming its broader downtrend towards 1.12 by Oct-26 and 1.0950 by Jun-27. In line with this, the Euro tested 1.1547 in July-26 and 1.1581 in Aug-26, the recent rise triggered by weakness in …. Read More
Our last report on 13-Jul-26 report (10Yr GOI 6.74%) stood on a foundation of uncertainty regarding what happens in the Strait of Hormuz. We assumed that Crude would remains below $90, and hence we projected … Read More
In our 10-Dec-25 report (USDJPY 156.70), we expected the USDJPY to trade within 154-158 region till Jan’26 before eventually rising in the long run. In line with our view, the pair limited the downside to … Read More
Our August ’26 Dollar Rupee Monthly Forecast is now available. To order a PAID copy, please click here and take a trial of our service.

