Junior Nifty’s underperformance may reverse, predicts JM Financial

The index, known as the Junior Nifty, tracks 50 companies outside the Nifty 50 and has dropped nearly 25% over the past 4.5 months, reaching a low of 58,230. JM Financial recommends that investors consider taking long positions in the index gradually while hedging against the Nifty 50 to manage risk and optimize potential returns.