Investors can consider the Nifty Next 50 Index fund for a contrarian investment. Its recent underperformance compared to Nifty 50, coupled with attractive valuations, presents an opportunity. The index offers exposure to high growth sectors and a unique risk-return profile. Wealth managers suggest staggering investments over the next three months, potentially accumulating during market corrections.
Frail yen whipped around as intervention threat swirls
The yen saw a slight uptick as Japanese authorities issued their strongest warning yet regarding intervention, signaling readiness to act against the currency’s recent lows.