The gross domestic product dropping to 5.4%, inflation moving above 6% in October, the Trump administration’s policies and a stronger dollar are the reasons why the brokerage is cautiously optimistic. The firm prefers BFSI, IT, realty, and pharma & healthcare sectors and advised investors to moderate return expectations.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,