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.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO