Zerodha CEO Nithin Kamath revealed that a company colleague now holds an astonishing 3,100 stocks—nearly the entire NSE universe—pushing diversification to an extreme. Kamath’s post triggered witty reactions online, with users calling it a “personal mutual fund” and warning that excessive diversification, high costs, and microcap illiquidity could drag long-term returns.
Dollar set for weekly gains as yields surge, Fed bets build
The dollar has achieved consecutive weekly gains for the first time in over three months, bolstered by rising Treasury yields. Anticipations of additional rate hikes