Radhika Gupta outlines a step-by-step wealth creation strategy for young professionals, emphasizing disciplined savings and adequate insurance before mutual fund investments. She advises waiting on home purchases and highlights the Edelweiss Tech Fund for global tech exposure and the Altiva Hybrid Long-Short SIF for income generation. Gen AI’s impact across all sectors is also discussed.
Dalal Street Week Ahead: Nifty enters consolidation phase; breakout above 26,100 key for next market move
The Nifty ended the week mildly lower, extending its sideways consolidation within the 25,700–26,100 band amid falling volatility. With no clear breakout and the India