Indian headline indices saw sharp cuts with FMCG, IT, and energy sectors hit. Sensex closed at 72,012.05, lower by 736.37 points. Nifty ended at 21,817.45, down by 238.25 points. India VIX increased to 14.11.
ET Wealth Expo: Why market veteran S Naren thinks investors are getting gold, silver and asset allocation all wrong
ICICI Prudential MF’s S Naren warns investors against chasing assets after spectacular rallies, highlighting how silver’s 216% surge drew record ETF inflows before a 27%