“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.”
Sensex marginally lower in early trade, Nifty below 24,700; FMCG cos drag
The benchmark S&P BSE Sensex opened 47.34 points or 0.06% lower at 81,661.78, while the broader Nifty 50 index opened at 24,669.75, lower by 8.05