Investors should prepare for ongoing market volatility, balancing portfolios between large caps for stability and midcaps for growth. Banking, IT, and pharma sectors are recommended for their resilience and potential. Emphasizing asset allocation and diversification is crucial for managing risks and ensuring consistent returns in uncertain times.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.