“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.”
Q4 results today: HDFC Bank among 8 companies to announce earnings
The numbers were mixed for IT companies as TCS Q4 results beat the estimates, while Infosys struggled with softer FY25 and revenue miss.
April 20, 2024