Investors take to ETF baskets for passive diversification

Investors take to ETF baskets for passive diversification

Mumbai: Investors looking to build a core portfolio using passive products across different asset classes at a low cost have started buying ETF baskets. Such products can be bought online with a single click and the portfolio could be actively managed based on the brokerage house view on the asset class. “Many investors want a … Read more

US speciality biz, India rebound help Sun Pharma shine in Q2

US speciality biz, India rebound help Sun Pharma shine in Q2

The management intends to ramp up the speciality business to a reasonable scale before allocating investments in new areas. Synopsis India business, contributing a third of the company’s consolidated revenues, grew on the back of a recovery in non-Covid drug therapies leading to gains for the industry leader. The market is gradually moving back to … Read more

Don’t get carried away by rally, have a balanced portfolio

Don’t get carried away by rally, have a balanced portfolio

Though there is some bit of sectoral rotation, we will be banking on certain sectors like private banks and insurance, where there was a good bit of growth, says Devang Mehta, Head-Equity Advisory, Centrum India. Excerpts from an interview: How are you mapping the market texture right now and is it time to dig out … Read more