Neutral impactEconomy
ET Wealth Expo | Only 6 of 1990's Sensex stocks survive: S Naren's case for smarter asset allocation
Economic Times 1 hr ago·31 Oct 2026, 10:10 am
At the recent ET Wealth Expo, S Naren of ICICI Prudential Mutual Fund highlighted a striking statistic: only six companies from the original 1990 Sensex remain part of the benchmark today. This dramatic shift underscores the volatility inherent in equity markets, where even established giants can lose their footing over time.
For investors, this serves as a powerful reminder to prioritize asset allocation over individual stock selection. By diversifying across sectors and market caps, investors can mitigate the risk of holding onto 'zombie' stocks that may never recover from a downturn. It is crucial to avoid the trap of chasing past performance, as history shows that strong past returns do not guarantee future success.
Moving forward, investors should focus on building a resilient portfolio. This means regularly reviewing holdings to ensure they align with long-term financial goals rather than short-term market noise. Staying disciplined and avoiding emotional decisions during market corrections is key to preserving capital.
Key takeaways
- Category: Economy.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
