The global financial market, rebounding from a tumultuous 2023, have rallied significantly, with traditional assets like Bitcoin and gold seeing a surge, sometimes as high as 15-20 percent, within a fiscal quarter. On the home turf, too, robust economic fundamentals powered the bulls to charge the benchmark Sensex and Nifty hit record highs of 72,561.91 and 21,834.35.
However, history reminds us that economic prosperity can be laced with unpredictability. In 2023, the Nifty Smallcap 250 index gave a return of 49 percent, and Nifty Midcap 150 index fetched around 45 percent. This necessitates that investors adopt strategies to shield their portfolios from unforeseen events.
