Indian markets saw a modest uptick as technology stocks recovered from earlier dips, with financial shares also providing a boost. Norwegian Cruise Line surged on news of an activist investor’s stake, while Masimo soared following a major acquisition. General Mills faced a downturn after revising its financial outlook downwards.
Asset allocation should not be momentum driven: Navneet Munot on gold rush and markets
HDFC AMC MD & CEO Navneet Munot advises investors against momentum-driven decisions, emphasizing disciplined, multi-asset investing. He highlights India’s structural growth story despite near-term volatility