Asian stocks saw a modest rise in thin holiday trading, influenced by a volatile US session and concerns over the AI outlook. Investors are closely watching the Federal Reserve’s interest rate path, with mixed signals from officials regarding potential cuts. Attention also turns to the Reserve Bank of New Zealand’s policy decision later today.
Asset allocation should not be momentum driven: Navneet Munot on gold rush and markets
HDFC AMC MD & CEO Navneet Munot advises investors against momentum-driven decisions, emphasizing disciplined, multi-asset investing. He highlights India’s structural growth story despite near-term volatility