Equity vs debt: What’s your pick?

News Snapshot:

As India’s benchmark equity indices flirt with record highs, investors are turning cautious about valuations becoming too lofty. They have a deluge of other reasons as well to be wary: the outcome of the ongoing general election, geopolitical tensions, soaring crude oil prices, mounting inflation, and delayed rate cuts in the US. Little wonder then that several investors are shifting their focus to the debt market. Equities have been in a bull phase for over four years now, with the Nifty 50 index skyrocketing 198% from its all-time low of 7,610.25 points on 23 March, 2020. The market has been...