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Broker call● Neutral for Indian equities
S Naren of ICICI Prudential AMC explains the three factors plaguing markets and what should investors do
The brief
- ICICI Prudential AMC CIO S Naren advised asset allocation and hybrid funds amid market pressures
- He identified the insurance sector as a prime contrarian opportunity
- Gold and silver ETFs fall as bullion prices slide amid higher yields and Fed rate-hike fears
- Bulls out of steam, it’s slow & steady on D-Street
- SEBI’s new PMS framework could potentially double industry size over time: APMI Chairman Vikas Khemani
- Rout in PB Fintech stock deals Rs 11,000 crore blow to mutual funds
- SEBI's new PMS rules could redraw competition for affluent investors