Why it’s crucial to rebalance MF portfolios

​Financial planners suggest investors should rebalance their portfolios annually, which could be at the start of the financial year or whenever there is a sharp movement in a particular asset class.

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IT stocks tumble as outlook turns hazy

The Nifty IT index tumbled 4.2% – the biggest loser among sector indices. Shares of Persistent Systems plunged 10%, while Coforge dropped nearly 8%. TCS,