10 smart strategies to protect your wealth, make more money in 2025
Election years usually see big market movements, and 2024 was no different. Stock prices remained in the doldrums for the first five months of the year, but after the NDA secured a majority in the Lok Sabha elections in May, the markets shot up dramatically.The Nifty touched its all-time high of 26,277 in September, though profit booking and FII selling pulled down the index in October. FIIs have sold equities worth almost Rs.1.7 lakh crore in the past three months. Even as FIIs were selling, retail investors were busy diversifying their portfolios beyond traditional assets. SIPs in mutual funds crossed the Rs.25,000 crore monthly contribution mark in October.
It has been a mega year for other segments of the financial markets as well….
