What are defensive stocks? Why you should have them in your portfolio
Updated: 13 Dec 2021, 12:09 PM IST
TL;DR.While some stocks have a very direct impact of market volatility, some continue to provide stable returns and provide a cushion from such fluctuations. These are defensive stocks. We look at some key features of such stocks and their role in your portfolio.
Defensive stocks, as the name suggests, are stocks that are less affected by the volatility in equity markets.