“One should have liquidity when it comes to their portfolio for rainy days. Keep 6 months’ worth of expenses parked in a separate basket of liquid funds,” says Chirag Muni.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj