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.
Shares of Netweb Technologies fell nearly 4% on Tuesday, hitting a low of Rs 5,220 on the NSE, after the company announced the successful completion of its Rs 1,200 crore qualified institutions placement (QIP). According to a filing with the exchange on Tuesday, the company said that the Fund-Raising Committee of the Board of Directors…
Finance Minister Nirmala Sitharaman on Friday urged income tax officials to take firm action against tax evaders while ensuring convenience for honest taxpayers, stressing that a predictable tax regime is essential for economic growth. Speaking at the 167th Income Tax Day celebrations in New Delhi, the minister also noted that the income tax department’s responsibility…
At least 34 BSE-listed companies with a market capitalisation above Rs 3,000 crore have delivered over 100% returns in the past six months. Notably, FIIs increased their holdings in 27 of these stocks during the June quarter, with stakes more than doubling in 11 companies. Here are the stocks that attracted the most institutional interest.
Nifty spent the week consolidating in a narrow range and ended on a negative note, with its broader technical structure remaining largely unchanged. The index oscillated within a 302-point range between 24,076.85 and 24,378.60, reflecting the continued absence of a clear directional trigger. Volatility eased further, with India VIX declining 4.64% to 10.68, keeping volatility…
Shares of IDFC First Bank rallied as much as 9% to Rs 88 on the BSE on Monday after the lender reported its highest-ever quarterly profit after tax (PAT) of Rs 1,075 crore for the quarter ended June 30, 2026. The profit jumped 132.4% year-on-year (YoY) from Rs 463 crore in the corresponding quarter last…
Gold and silver prices: The price of the yellow metal in India’s retail market dropped on Wednesday, 8 July, due to negative global cues, primarily driven by rising tensions between the US and Iran, with both 24-karat and 22-karat gold rates showing a marginal decline across major cities. Silver prices, on the other hand, also…