A viral SIP myth is fooling investors. Here's why
A viral post claims SIPs delivered just 6.7% over two decades. But the calculation is flawed—and the flat market it cites is precisely when SIPs quietly do their best work.
A viral post claims SIPs delivered just 6.7% over two decades. But the calculation is flawed—and the flat market it cites is precisely when SIPs quietly do their best work.
Certain Central government employees appointed on compassionate grounds may now have the option to be covered under the Old Pension Scheme (OPS), following a clarification issued by the Department of Pension and Pensioners’ Welfare (DoPPW). The clarification applies to eligible employees who had applied for compassionate appointment before the National Pension System (NPS) came into…
NEW DELHI: Dalal Street is expected to see range-bound trading this week in the absence of any major trigger either on the domestic or global front, say analysts. “Though the market has been moving up it seems to be running out of steam as the indices are still moving within a strong range,” according to…
The Indian stock market recorded strong gains on Friday, with the Sensex and Nifty rising more than 1% each as in-line earnings from IT heavyweight TCS, positive global cues and other factors boosted investor sentiment. The Sensex jumped 828 points to close at 77,569, while the Nifty 50 advanced over 244 points to end the…
Shares of Just Dial rallied as much as 14% to an intraday high of Rs 645 on the BSE on Monday after the company reported a strong set of Q1 earnings. Net profit rose 4.1% year-on-year (YoY) to Rs 166.2 crore, while revenue increased 9.9% YoY and 6.6% sequentially to Rs 327.5 crore. EBITDA grew…
Mumbai: The Indian rupee retreated to a two-month low of 96.52 to a dollar Monday despite what dealers described as significant central bank interventions, as a steep rise in crude oil prices over the past 10 days stoked inflation concerns in an economy heavily reliant on Gulf-routed energy supplies. The rupee, which had touched a…
Ace investor Ashish Kacholia, widely known for spotting emerging small-cap winners, has pared his holdings in two chemical stocks during the first quarter of FY27, locking in gains after the stocks delivered returns of up to 114% so far this year. The latest shareholding data available on the BSE shows that Kacholia reduced his stake…