Hello and welcome to the Core Report Special Edition. The markets have recovered substantially. The Sensex and Nifty, for example, are up almost 10%. They have recovered a lot of the ground lost in 2026. Many other changes have happened, including the return of foreign portfolio investors. Donald Trump has lost in the midterm elections. Oil prices are receding, and things look better than they did even in October.

So as an investor, how should you fashion your portfolio in this environment? Should you look at the same things you were looking at earlier? Should you reconstruct, or stick to the same old principles?

That is the question we put to A. Balasubramanian, Managing Director and CEO of Aditya Birla Sun Life Asset Management…