Sensex, Nifty log biggest single-day gain in 3 yrs as exit polls predict 3rd term for Modi govt dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
Investors grappling with the uncertainty of upcoming election results face a tough choice in the bond market. Long-term bonds could see gains amid shrinking G-Sec supply and increasing demand, while short-term debt offers attractive yields and shields against uncertainties. A balanced approach, using a barbell strategy with exposure to both long and short tenures, seems wise. Recommended options include SBI Constant Maturity Gilt Fund and Kotak Banking and PSU Debt Fund for long-term investments, and Aditya Birla Sun Life Money Manager Fund and ICICI Prudential Ultra Short Term Fund for short-term placements. This balanced strategy aims to optimize returns while mitigating risks amid prevailing market uncertainties.
Ext poll 2024 results: Dhiraj Relli of HDFC Securities said infrastructure, BFSI, capital goods and telecom sectors could be the key beneficiaries. Kranthi Bathini of WealthMills Securities said he is positive on railways and defence stocks.