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Investment mantras arent morning chants you recite with closed eyes and crossed legs. "They are what you believe are at the foundation of your whole investment and portfolio management strategy," the PMS fund manager, who runs First Global, writes in her book published by Penguin.
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The bank attributes the bullish revision to stronger-than-expected central bank demand and mounting recession risks, which have contributed to a surge in gold-backed ETF inflows.
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Prabhudas Lilladher Capital maintains a positive long-term outlook on Indian equities, projecting a Nifty bull case target of 27,590, while revising its 12-month base case target to 25,521 due to global and domestic macroeconomic headwinds. They highlight geopolitical tensions, weakening domestic demand, and earnings downgrades as key concerns, impacting various sectors differently.
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The case involved A Shah, a Singapore tax resident, who declared capital gains of Rs 88.75 lakh from debt mutual funds and Rs 46.91 lakh from equity mutual funds for the financial year 202122.
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Lynch believed that owning a stock without understanding the underlying business was a fast track to panic.
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