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SBI Mutual Fund's equity strategist Pradeep Kesavan adopts a balanced investment approach amid uncertain market conditions. He suggests a near-equal allocation to equity and fixed income, supplemented by gold for geopolitical hedging. While large caps are favored over small and mid-caps due to valuation concerns, BFSI and life insurance sectors appear promising.
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News and Media
An 83-year-old Mumbai man lost Rs 1.19 crore in an online stock scam after joining a fake WhatsApp group posing as ICICI advisors. Lured by false profit promises and fake documents, he transferred funds before realising the fraud. A cybercrime FIR has been filed; investigation is ongoing.
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News and Media
President Trump's decision to strike Iranian nuclear sites has exposed divisions within his "MAGA" base, with prominent supporters like Bannon, Greene, and Carlson initially voicing concerns about U.S. involvement in the Israel-Iran conflict. While some, such as Kirk, quickly shifted to support Trump's actions, others maintained their anti-interventionist stance, raising questions about the long-term impact on Trump's movement and priorities.
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News and Media
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