With a balanced strategy that emphasizes 60% equity, 20% debt, and a global diversification angle, Tandon outlines the ideal framework for managing risk while capitalizing on growth opportunities.
The portfolio allocation has moved towards more of domestic consumption including banks. Banks are beneficiary of domestic economy doing well. So, banks is also one of them. We are also positive on pharma, not necessarily generic US exporter but more towards crams and domestic pharma, so that is a pocket we are very positive upon.
The fourth quarter earnings season is gaining traction, with 41 companies, including Bajaj Finance and Bajaj Finserv, set to announce their results on Tuesday. Bajaj Finance is expected to report strong performance driven by loan growth across various segments.
Gold prices experienced a decline on Tuesday as easing trade tensions between the U.S. and its trading partners diminished the metal's safe-haven appeal. Investors are closely monitoring upcoming U.S. economic data releases, including job openings, personal consumption expenditures, and non-farm payrolls, to assess the Federal Reserve's policy direction amidst global recession concerns.
The S&P 500 ended a volatile trading day with minimal change. Megacaps like Nvidia and Amazon weighed on the index. Investors are awaiting key economic data and earnings reports from major companies. Trade war concerns and tariff impacts are also under scrutiny. The Dow Jones Industrial Average saw a slight increase. Boeing's stock boost helped the Dow.
The larger the IPO, the lower the expense ratio, the data showed. Offerings under 500 crore incurred average costs of 9.3%, while mega IPOs above 5,000 crore managed to keep expenses down at just 2.6% on average.
