“Investing in equity should follow an asset allocation approach. This would depend on return expectation as well as the time horizon of investments. The allocation would also depend on the age profile of the investors. We recommend a buy and hold strategy for equity investments keeping asset allocation framework in mind.”
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of