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ICICI Prudential continues to recommend investing in hybrid and multi-asset allocation schemes given the strong fundamentals and high valuations.
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So far this year, the Nifty fell 2.36%, Nifty Midcap 150 declined 4.14%, Smallcap 250 dropped 9% and Microcap 250 shed 8.36%.
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News and Media
In comparison, the benchmark Nifty is 12% below its peak level on September 27, while the Nifty Smallcap 100 and Nifty Midcap 100 indices are trading 14% below their highs.
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News and Media
HCL Tech exceeded expectations in Q3FY25, reporting robust net profit and margin growth, despite slightly below-estimate dollar revenue growth. The company raised its FY25 revenue guidance and maintained a lead over TCS in revenue growth metrics.
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News and Media
The rupee's decline and resulting liquidity crunch have complicated the RBI's rate cut decision for February 7. Economists are divided, with concerns about currency volatility and global uncertainties potentially limiting the central bank's options despite lower consumer inflation. Additional liquidity measures could be considered.
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News and Media
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