Aamar Deo Singh from Angel One suggests fixed income allocation for portfolio stability. He recommends 15-20% for average investors and 70% for senior citizens. Nifty shows resilience despite global tensions. Sectors like financials, defence, and capital goods may shine. Investors should be cautious with small and midcaps. Gold has performed well and should be part of portfolios.
Hexaware Technologies Q2 Results: Profit jumps 38% YoY to Rs 380 crore but misses estimates
Hexaware Technologies posted a 38% YoY profit rise to ₹380 crore in Q2, but missed expectations due to higher costs and muted revenue. Revenue guidance