Why is that so? For a start, defensive stocks should protect downside risks in a global environment that even the surest of soothsayers wouldn’t describe as predictable. Then, valuations in India aren’t cheap by any stretch of imagination, which puts territorial limits on how far the investing equivalent of explorers would go.
US stocks: S&P closes at record high as soft jobs report eases rate-hike concerns
The US stock market enjoyed a significant boost on Friday as the S&P closed at an all-time high. The unexpected rise in job losses led