Wealth managers said the change in fund managers warrants caution among investors. Unitholders of these schemes must hold back from making fresh investors but should not exit, said Roopali Prabhu, CIO, Sanctum Wealth.
Short-term market weakness likely; defensive sectors poised to outperform: Rohit Srivastava
Rohit Srivastava suggests the recent market rally from early April might be ending, entering a corrective phase influenced by geopolitics and the upcoming FOMC meeting.