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.
Raymond Q2 Results: Net profit jumps 130% YoY to Rs 32 crore, revenue rises 24%
Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.