Wealth managers suggested trimming investments in risky and underperforming schemes as the Nifty hit 25,000. They advised taking profits from high-performing PSU and defense funds, and reviewing schemes that failed to beat their benchmarks. Investors were guided to shift towards large-cap portfolios and gilt funds for more stable returns.
Kalshi launches perpetual futures tied to US 500 stock index
Kalshi has introduced a new perpetual futures contract that is linked to its US 500 index. This contract will allow traders to hold positions indefinitely,