Marzban Irani of LIC Mutual Fund advises fixed income investors to adjust their expectations. Double-digit returns are unlikely. He suggests focusing on accrual-driven strategies for stability. PSU bonds in the short-term offer good value. Global factors and index inclusions are positive for the Indian debt market. Investors should stay invested and embrace fixed income’s role in providing portfolio stability.
Hindustan Copper shares gain 3% as company plans Rs 7,000 crore capital investment in next 5 years
Hindustan Copper shares rose after the company announced a Rs 7,000 crore investment over the next 5-6 years and signed MoUs with major PSUs to