Raamdeo Agrawal advocates for bold reforms by the government. He notes the current market dynamics of promoters selling and retail investors buying. Agrawal sees opportunities despite pricey valuations, advising investors to buy and hold for long-term growth. He cautions against the risks of investing in unlisted companies. He suggests a SIP approach for lump sum investments.
Asian stocks tread water at the start of Fed week
Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally’s sustainability, with markets